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How amount of revenue reported in the governmental fund

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Reference no: EM131867100

Question - A private citizen makes an unrestricted pledge of $5 million to a city's museum. The city is confident that the donor will fulfill her pledge. However, the cash will not be received for at least two years. How will the amount of revenue reported in the governmental fund statements differ from that reported in the government-wide statements? Explain.

Reference no: EM131867100

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