True/False
A pledge of support received by a private college is recorded as revenue when the promise to give is conditional.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Private colleges and universities are required to
Q12: According to the rules for accounting for
Q13: Investment income on Endowments held by private
Q14: Funds that are restricted for a certain
Q17: Unless acquired with restricted funds,plant acquired by
Q18: The following information applies to the next
Q20: A government owned college follows whose standards?<br>A)FASB
Q21: With respect to private colleges and universities,why
Q23: Private colleges and universities record depreciation expense
Q100: Private colleges and universities use the same