Question: Question Completion Status: Question 2 3 points Save Answer Which entry would be the correct entry to record pledges of $100,000 to a public television
Question Completion Status: Question 2 3 points Save Answer Which entry would be the correct entry to record pledges of $100,000 to a public television fundraiser? The public television organization estimates that 5% of the funds will be uncollectible. A) Dr. Pledges Receivable $100,000 Cr.Unrestricted net assets-Contributions $100,000 B) Dr. Cash $100,000 Cr. Unrestricted net assets-Contributions $100,000 C) Dr. Pledges Receivables Cr. Unrestricted net assets-Contributions $95,000 Cr. Allowance for Uncollectible Pledges $5,000 D)Dr. Pledges Receivable $95,000 Cr. Unrestricted net assets- Contributions $100,000 Dr. Allowance for uncollectible Pledges 55,000 E) Dr. Cash $95,000 Cr. Unrestricted net assets. Contributions $100,000 Dr. Allowance for uncollectible Pledges $5,000 nntinna
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