Business, 21.02.2020 01:24 wavymoney77yt
During 2009, a voluntary health and welfare organization received unrestricted pledg $120,000. 40% were payable in 2009 with the remainder payable in 2010 (for use in: Officials estimate that 10% of these pledges will be uncollectible. In addition, a local technician earning $10 per hour working for a hospital, contributed 320 hours of time charitable organization. If not for these donated services, an additional staff person w been hired by the organization. Required: A. B. How much should the organization report as net public support for 2009? How should the organization record the contributed services?
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During 2009, a voluntary health and welfare organization received unrestricted pledg $120,000. 40% w...
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