Question: Which entry would be the correct entry on the donor's books when the donor retains control of an asset, such as cash, which it contributes

Which entry would be the correct entry on the donor's books when the donor retains control of an asset, such as cash, which it contributes to a not-for-profit entity? 01:46:18 Book DEBIT CREDIT A. Expense-charitable contribution Cash . Refundable advance to charity Cash Charitable pledge Cash D. Cash Liability to beneficiary E. Cash Refundable advance Multiple Choice Option C Option B Option A Option D Option E Prev

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