Donor X agrees to match $1 for $1 contributions raised by ABC Organization to support its general operations, up to $50,000. As of the reporting period date, ABC Organization has raised $10,000.

What contribution revenue, if any, should be recognized from Donor X as of this date?

Answer rating: 100% (QA)

As per the terms of the agreement Donor X has agreed to match 1 for 1 contributions raised by ABC Or... View the full answer