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goji.go goji.go
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Posts: 5977
Rep: 293 0
10 years ago
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
A.   $455,000.
B.   $449,500.
C.   $55,000.
D.   $49,500.
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Diesel
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f_zah1f_zah1
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#1
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Posts: 10774
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10 years ago
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