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The primary revenue source for not-for-profit organizations is contributions. Please define what a contribution is, and discuss how the different types of contributions are recognized as revenue (i.e. cash contributions, unconditional promise to give, conditional promise to give, multi-year pledge).

1-2 paragraphs.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9449886

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