prof.wandu only

Nonprofit

For Profit

1. Computer DR $10,000

To, Restricted Fund $10,000

Being Computer purchased from the restricted fund for capital asset purchases.

1. Computer DR $10,000

To, Cash $10,000

Being Computer purchased for cash.

2. Cash DR $80,000

To, Contribution Revenue $80,000

Being contribution raised for new marketing expenditure.

Contribution Revenue DR $80,000

To, Marketing Expenditure $80,000

Being fund utilized for new marketing expenditure.

2 Cash DR $80,000

To, Capital $80,000

Being additional equity raised for incurring unanticipated market expenditure.

Marketing Expenditure DR $80,000

To, Cash $80,000

Being cash spent for marketing expenditure.

3. Contributions Receivables DR $120,000

To, Unrestricted Donations $120,000

Being pledges received from fund raising drive.

3 Cash DR $120,000

To, Bonds $120,000

Being net 30 day term bonds sold for $120,000