A VHWO receives pledges from donors for contributions to be received annually over the next three years.

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A VHWO receives pledges from donors for contributions to be received annually over the next three years. When should these contributions be recognized as revenues? As changes in which net asset class? How should the amount of revenues be measured?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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