An unrestricted gift pledge from an annual contributor to a not-for-profit hospital made in December 20X1 and
Question:
An unrestricted gift pledge from an annual contributor to a not-for-profit hospital made in December 20X1 and paid in March 20X2 would generally be credited to
a. Contribution revenue in 20X1.
b. Contribution revenue in 20X2.
c. Other income in 20X1.
d. Other income in 20X2.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
Question Posted: