Preparing Journal Entries Indicating the Type of Fund

Coursework Instructions:

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? ¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬

Coursework Sample Content Preview:

Name:
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 ...

Updated on January 26, 2024

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