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    Essentials of Accounting Study Set 3
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    Exam 10: Accounting for Private Not-For-Profit Organizations
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    What Is the Treatment of Multi-Year Pledges as Required by FASB
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What Is the Treatment of Multi-Year Pledges as Required by FASB

Question 113

Question 113

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What is the treatment of multi-year pledges as required by FASB Statement No. 116?

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The donation is recorded as a receivable...

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