linshweyioo5442
27.12.2019 •
Business
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
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Ответ:
$455,000
Explanation:
As the question states what will be the pledges receivable for 20x8 therefore, we will calculate all the pledges:
$35,000 + $20,000 + $400,000 = $455,000
Hence, the answer is $455,000 as we take into account all the pledges for the year 20x8.
Ответ: