acc 410 ch 10-11 homework

Cash                                                    $100,000

            Pledges receivable                               $20,000

                        Revenue                                                                      $120,000

            Record contributions-special revenue fund

 

b.         Supplies inventory                              $30,000

            Operating expenses                             $85,000

            Supplies expense                                 $30,000

                        Cash                                                                            $145,000

            Record purchase and use of supplies-special revenue fund

 

c.         Cash                                                    $45,000

                        Investment revenue                                                     $45,000

       Record interest revenue-permanent fund

 

d.         Investments                                                                                                                 $30,000

                                                                                                Investment revenue-appreciation                                $30,000

            Record capital gains-permanent fund

 
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