age $28$ of $30$

$$

Question $28$

Under FASB standards how would a not$-$for$-$profit organization recognize an unconditional pledge?

Debit Pledges Receivable and credit Contributions $-$ Without Donor Restrictions

Debit Pledges Receivable and credit Deferred Contributions

Debit Conditional Pledges Receivable and Credit Deferred Contributions

It would not recognized the unconditional pledge unless pledge conditions are substantially met