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The Red Cross collected $100 of unrestricted pledges and wrote off $10 of previously accrued pledges. What JE would property record this entry in
The Red Cross collected $100 of unrestricted pledges and wrote off $10 of previously accrued pledges. What JE would property record this entry in the UCF? a. Debit Cash $100 Debit Uncollectible Accounts Expense 10 Credit Contributions Receivable $110 Ob. Debit Cash $100 Debit Allowance for Uncollectible Contributions 10 Credit Contributions Receivable $110 OC. Debit Cash $100 Credit Contributions Receivable $100
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
