Business, 11.03.2020 22:47 andybiersack154
The Basil Society, a nongovernmental not-for-profit organization, receives unconditional pledges which will be collected over a length of time longer than one year. How should Basil Society report these unconditional pledges?
(A) As pledges receivable, valued at their present values.
(B) As pledges receivable, valued at the amount pledged.
(C) As long-term pledges receivable, valued at the expected actual collection amount.
(D) As deferred revenue, valued at present value
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