Register
A donor made an unconditional pledge in 2019 of $8,000 to a private not-for-profit organization with the intent to pay the cash in June 2020. The organization should:
57.4k views
2 votes
A donor made an unconditional pledge in 2019 of $8,000 to a private not-for-profit organization with the intent to pay the cash in June 2020. The organization should:

User Rolfe
by
7.3k points

1 Answer

6 votes
Record the pledge as revenue with the donor restrictions in 2019 and reclassify it without donor restrictions in 2020
User TJ Amas
by
7.8k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!