In 20X8, the following pledges were made: $35,000 in unrestricted contributions for use in 20X8; $20,000 in contributions restricted for use in 20X9; and a $400,000 contribution restricted for the establishment of a permanent endowment. It is anticipated that 10% of all pledges except the endowment pledge will be uncollectible. Pledges receivable for 20X8 should be
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In 20X8, the following pledges were made: $35,000 in unrestricted contributions for use in 20X8; $20,000 in contributions restricted for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jeremiah Brown has been making contributions into an individual retirement account for his retirement. His contributions are not tax deductible but his earnings accumulate tax free. What type of individual retirement account does he have?
Answers (1)
Generally, you should plan to set aside three to six months' net pay in an emergency fund. a. True b. False
Answers (1)
Good managers demonstrate commitment to ethical business practices with
Answers (1)
Thelma's Treats of Des Moines, Iowa, created a unique package to market its fresh cookies. What does its packaging achieve in the way of brand positioning in the customer's mind?
Answers (1)
Simonne is developing a program. She names a variable %due, but then recognizes that this name violates a variable naming convention. What naming convention does it violate? Variable names must be at least five characters in length.
Answers (1)
New Questions in Business
Which of the following statements is true of resistance to change? Select one: A. Overt resistance is less important to an organization than is covert resistance. 0 B. Resistance has emotional, cognitive, and behavioral components. 0 C.
Answers (1)
A local kayak outfitter has been looking over the latest data from the Census, which reported that income in the area where the outfitter is based has increased by 20%.
Answers (2)
What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative courses of action to weigh the various alternatives and choose a course of action to identify the issue to gather facts
Answers (1)
Suppose an investment of 10,000 doubkes in value every 13 years. how much is the investment
Answers (1)
A customer makes a small order, you deliver the goods, and he pays by check. The check clears. He makes another small order, you deliver, and he pays by check. The check clears again. The pattern goes on for several weeks.
Answers (1)