Customer Service Chat
Get quote & make Payment
When do I have to book a multi-year pledge, Accounting Standards
I work at a non-profit that recently received a $250,000 stock donation which is payment for a $1M pledge. The donor has written in an e-mail that he would like to give us the $1M. I know we recorde the $250,000 already received as revenue but am I required to book the $750,000 pledge if the donor plans to send $250,000 the next 3 years? We would rather not record the pledge in case the donor decides not to fulfill the pledge but didn''t know if accounting rule requires us to record the pledge.
Posted Date: 3/18/2013 5:08:41 PM | Location : United States
Ask an Expert
When do I have to book a multi-year pledge, Assignment Help, Ask Question on When do I have to book a multi-year pledge, Get Answer, Expert's Help, When do I have to book a multi-year pledge Discussions
Write discussion on When do I have to book a multi-year pledge
Your posts are moderated
Write your message here..
Items in the profit and loss account, The subsequent items are debited in t...
The subsequent items are debited in the profit and loss account as: 1. Administrative expenses comprising office salaries, office lighting, office rent, printing, director's fee
Accounting principles, Accounting like a field of study in its developmenta...
Accounting like a field of study in its developmental process has evolved a theoretical framework consisting of concepts or principles over period of time. Such concepts enjoy a wi
Looking for an answer, Where does a poo make its way from?
Where does a poo make its way from?
Development of financial accounting standards, Development of financial acc...
Development of financial accounting standards Several organizations are considerable in the establishment of generally accepted accounting principles (GAAP) for businesses or g
Governmental accounting standards board, In 1984 the Governmental Accountin...
In 1984 the Governmental Accounting Standards Board (GASB) was recognized with a fulltime chairperson and four part-time members. The GASB issues statements on financial and accoun
The Banking, 1. What is a bank? 2. What bank overdraft?
1. What is a bank? 2. What bank overdraft?
Issue of shares, What take place in a rights issue of shares? 1. Any pre...
What take place in a rights issue of shares? 1. Any premium on issue is added to a capital reserve. 2. Any type of premium on the issue is added to a revenue reserve. 3. A
Official legal documents - governing documents, Governing Documents - Offic...
Governing Documents - Official legal documents which dictate how an entity is operated. Governing documents of a CORPORATION include ARTICLES OF INCORPORATION and BYLAWS; a PARTNER
Financial accounting standards board, In 1973 and independent seven-member ...
In 1973 and independent seven-member full-time Financial Accounting Standards Board (FASB) replaced the Accounting Principles Board. The FASB has published numerous Statements of F
Machine installments.., i buy machine 70% cash 30% installments.i have char...
i buy machine 70% cash 30% installments.i have charged 100% cost to asset and capital so when i pay first installment i debit installment expense and credit bank so my question is
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.