On December 15, 2016, a donor agrees to contribute $2 for every $1 that the agency raises in its capital campaign, up to $50,000.    The capital campaign began on February 1, 2017 and as of June 30, 2017 the organization has raised $10,000

How much should the organization record as a pledge receivable as of December 31, 2016?

Answer rating: 100% (QA)

As of December 31 2016 the organization should record a pledge receivable of 20000 Heres how we can ... View the full answer