Which entry would be the correct entry to record that a not-for-profit organization collected $80,000 of the amounts pledged and wrote off $3,000 of the amounts pledged as amounts uncollectible? 
Definitions:
Life Chances
The opportunities individuals have for achieving economic prosperity, based on their social status, education, and other factors.
Weber
Max Weber, a foundational figure in sociology known for his studies on bureaucracy, social stratification, and the sociology of religion.
Economic Standing
An individual's or a group's financial and social position in relation to others, based on income, wealth, and occupation.
Functionalists
Sociologists who focus on how societal components function together to maintain order, stability, and equilibrium in society.
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