Preparing Journal Entries Indicating the Type of Fund
Name: Homework Due Points Possible Points ReceivedExercise 13-2 4 Problem 13-5 8
Chapter 13 :Exercise 13-2 (Questions 1 through 10) textbook pages 610-611.(Enter the letters a, b, c, or d next to the question number)1.2.3.4.5.6.7.8.9.10.
Problem 13-5 (textbook page 616)(Prepare journal entries for events 1-5. Indicate the type of fund – without donor restrictions or with donor restrictions) Debit Credit(1) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ Debit Credit(2) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Debit Credit(3) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Debit Credit(4) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Debit Credit(5) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Debit Credit(6) Without donor restrictions or with donor restrictions? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬
Instructor:
Unit:
Date:
Homework Due
Points Possible
Points Received
Exercise 13-2
4
Problem 13-5
8
Chapter 13:
Exercise 13-2 (Questions 1 through 10) textbook pages 610-611.
(Enter the letters a, b, c, or d next to the question number)
1. A
2. A
3. B
4. C
5. B
6. D
7. A
8. C
9. D
10. C
Problem 13-5 (textbook page 616)
(Prepare journal entries for events 1-5. Indicate the type of fund – without donor restrictions or with donor restrictions)
Debit
Credit
(1)
Without donor restrictions or with donor restrictions? The business school is conditioned to be contributed if it engages with starting a new program. There is a condition involved.
Therefore, no entry is necessary to record the contribution.
Its with Donor Restrictions.
Debit
Credit
(2) Pledges receivable
$1000000
Revenue Contributed
$100000
(Being Cash transferred to endowment fund)
Without ...
π Other Visitors are Viewing These Other Coursework Samples:
- The importance of having accurate financial information1 page/β275 words | Other | Accounting, Finance, SPSS | Coursework |
- Budget Assignment: How to Improve a Budget1 page/β275 words | No Sources | Other | Accounting, Finance, SPSS | Coursework |
- Accounting Questions on the Town of Cary2 pages/β550 words | No Sources | Other | Accounting, Finance, SPSS | Coursework |
- Cash flows and capital Budgeting. Accounting, Finance, SPSS Coursework1 page/β275 words | Other | Accounting, Finance, SPSS | Coursework |
- Budgeting in Photography and Film1 page/β275 words | Other | Accounting, Finance, SPSS | Coursework |
- Cost Behavior. Accounting, Finance, SPSS Coursework1 page/β275 words | Other | Accounting, Finance, SPSS | Coursework |
- Budget Recommendations to Achieve a Balanced Budget1 page/β275 words | No Sources | Other | Accounting, Finance, SPSS | Coursework |