Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
This topic contains 1 attachment.
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
derro derro
wrote...
Go to Answer
Posts: 866
Rep: 6 0
5 years ago
Listed below are two transactions for an alcohol rehabilitation treatment program. All amounts are in thousands of dollars.

Transactions:

1.   Received pledges of $300 and cash gifts of $100 during the year to be used only for alcohol rehabilitation treatment programs.
2.   Incurred expenses of $220 for its alcohol rehabilitation program but paid the expenses from unrestricted resources, not from available restricted resources.

Requirement:   Prepare the journal entries for these transactions.
Textbook 
Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting


Edition: 11th
Authors:
Read 71 times
1 Reply
Replies
Answer verified by a subject expert
bolbolbolbol
wrote...
#1
Staff Member
Top Poster
Posts: 3162
Rep: 261 2
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
 Attached file 
(60.68 KB)
You must login or register to gain access to this attachment.
1

Related Topics

derro Author
wrote...

5 years ago
Good timing, thanks!
ethom947
wrote...

Yesterday
This helped my grade so much Perfect
Holly72492
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1298 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4430
  
 300
  
 265
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?