A Nongovernment, Not-For-Profit Organization Provides the Following Information and Asks

Short Answer

A nongovernment, not-for-profit organization provides the following information and asks you to determine how much revenue should be reported in each of its changes in net assets categories. All pledges are unconditional $$\begin{array} { | l | r | } \hline \text { Cash contributions restricted to specific proprarns } & \$ 200,000 \\\hline \text { Cash contributions restricted to endownent } & \$ 1,000,000 \\\hline \begin{array} { l } \text { Net realizable value of pledges to a buildirg prograrn } \\\text { resulting fron current year furdd raising efforts }\end{array} & \$450,000\\\hline \begin{array} { l } \text { Net realizable value of unconditional pledges resulting } \\\text { from curtent year fund raising efforts }\end{array} & \$150,000 \\\hline\end{array}$$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Changes in }$
$\begin{array}{rrr}& \text { Net Assets } & \text { Net Assets } \\&\text { without } & \text { With } \\&\text { Donor Restrictions } & \text { Donor Restrictio }\\\text { A. } & \$ 0 & \$ 1,755,000 \\\text { B. } & \$ 0 & \$ 755,000 \\\text { C. } & \$ 105,000 & \$ 1,650,000 \\\text { D. } & \$ 305,000 & \$ 1,450,000\end{array}$