Question: Under FASB ASC 9 5 8 , Not - for - Profit Entities, how are unconditional contributions that carry a donor - imposed restriction limiting
Under FASB ASC NotforProfit Entities, how are unconditional contributions that carry a donorimposed restriction limiting the use of the funds for a particular purpose handled?
A Not recorded until the purpose specified by the donor is achieved.
B As an adjustment of fund balance at the time the contribution is received.
C Recorded as a liability deferred revenue until the donor's specification is met.
D Recorded as restricted support revenue at the time the contribution is received.
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