A Not-For-Profit Organization Received Unrestricted Pledges of $200,000, and Believes

A not-for-profit organization received unrestricted pledges of $200,000, and believes based on past experience that 95% of them will be paid. What entry should be made to record the pledges?

A)
$$\begin{array} { | l | l | l | } \hline & \text { Debit } & \text { Credit } \\\hline \text { Pledges Receivable } & \$ 190,000 & \\\hline \text { Donation Revenue } & & \$ 190,000 \\\hline\end{array}$$
B)
$$\begin{array} { | l | l | l | } \hline & \text { Debit } & \text { Credit } \\\hline \text { Pledges Receivable } & \$ 200,000 & \\\hline \text { Provision for Uncollectible Pledges } & & \$ 10,000 \\\hline \text { Donation Revenue } & & \$ 190,000 \\\hline\end{array}$$
C)
$$\begin{array} { | l | l | l | } \hline & \text { Debit } & \text { Credit } \\\hline \text { Pledges Receivable } & \$ 200,000 & \\\hline \text { Donation Revenue } & & \$ 200,000 \\\hline \text { Bad Debt Expense } & \$ 10,000 & \\\hline \text { Provision for Uncollectible Pledges } & & \$ 10,000 \\\hline\end{array}$$