Kucrsquos policy is to write off any uncollected pledges, Ask an Expert

Finance

KUC’s policy is to write off any uncollected pledges from prior years campaigns at the completion of the next year’s annual appeal. At the end of this year’s campaign, there was $275,000 worth of uncollected pledges from last year’s appeal. How would KUC record this in its accounts?

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Financial Management, Finance

Category:- Financial Management
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