Author Question: Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period ... (Read 39 times)

jCorn1234

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Pledges should be reported by a nongovernment not-for-profit organization as revenues in the period that they are unconditionally received
 
  A. By the organization.
  B. By the organization if the pledges are unrestricted.
  C. By the organization if the pledges are unrestricted and have been collected by year end.
  D. If the organization has incurred qualifying costs.

Question 2

Normal account balances are on the increase side of the accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



TheNamesImani

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Answer to Question 1

A

Answer to Question 2

True



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