How should this event be recorded on december

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Reference no: EM133921827

Problem

On December 1, 2023, Sebastian University received cash of $60,000 and a pledge for another $30,000 to be paid in 2024. The amounts are to establish a permanent endowment to provide scholarships for music majors. Get the instant assignment help. How should this event be recorded on December 31, 2023, assuming Sebastian is a public university?

Reference no: EM133921827

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How should this event be recorded on december : On December 1, 2023, Sebastian University received cash. How should this event be recorded on December 31, 2023, assuming Sebastian is a public university?

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