Which Entry Would Be the Correct Entry to Record Pledges

question 56

Multiple Choice

Which entry would be the correct entry to record pledges of $100,000 for a telethon event to raise money for a not-for-profit public television station? The public television entity estimates that 5% of the funds will be uncollectible.

• A) Option A.
• B) Option B.
• C) Option C.
• D) Option D.
• E) Option E.