Why do VHWOs not report all pledges received in the period in the unrestricted assets section of

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Why do VHWOs not report all pledges received in the period in the unrestricted assets section of the statement of activities? Identify what is not included.

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Advanced Financial Accounting

ISBN: 978-0078025877

11th edition

Authors: Theodore E. Christensen, David M. Cottrell, Cassy JH Budd

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Question Posted: Apr 13, 2017 10:41 AM

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Why do VHWOs not report all pledges received in the period in the unrestricted assets section of

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It would not be appropriate to report funds whose use is restricted as revenue in the ...View the full answer

Advanced Financial Accounting

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