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On December 1,2014 St

Question 114

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On December 1,2014 St.Sebastian University,a private college,received cash of $ 2,000 and a pledge for another $ 5,000 to be paid in January 2015.The amounts are to establish an endowment to provide scholarships for music majors.How should this event be recorded on December 1,2014?


A) On December 1,2014 St.Sebastian University,a private college,received cash of $ 2,000 and a pledge for another $ 5,000 to be paid in January 2015.The amounts are to establish an endowment to provide scholarships for music majors.How should this event be recorded on December 1,2014? A) B) C) D)
B) On December 1,2014 St.Sebastian University,a private college,received cash of $ 2,000 and a pledge for another $ 5,000 to be paid in January 2015.The amounts are to establish an endowment to provide scholarships for music majors.How should this event be recorded on December 1,2014? A) B) C) D)
C) On December 1,2014 St.Sebastian University,a private college,received cash of $ 2,000 and a pledge for another $ 5,000 to be paid in January 2015.The amounts are to establish an endowment to provide scholarships for music majors.How should this event be recorded on December 1,2014? A) B) C) D)
D) On December 1,2014 St.Sebastian University,a private college,received cash of $ 2,000 and a pledge for another $ 5,000 to be paid in January 2015.The amounts are to establish an endowment to provide scholarships for music majors.How should this event be recorded on December 1,2014? A) B) C) D)

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