Question: A donor uncondisionally pledged $ 1 0 0 , 0 0 0 to a private not - for - protit hospital in 2 0 2
A donor uncondisionally pledged $ to a private notforprotit hospital in to purchase imaging equipment. The equipment was purchased in and the donor transferred the funds to the hospital in In which year would the revenue be recognized?
Multiple Chake
Halt in and hall in
None of the choices are correct, the hosptal would only recognise revenue when the amounts had been expended according to the donor's wishes.
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