Closing Entries Jefferson Animal Rescue a private not-for-profit Closing Entries December 31, 2020 Account Title Debits Credits NET ASSETS WITHOUT DONOR RESTRICTIONS 14,000 Preclosing closing entry 14,000 NET ASSETS WITH DONOR RESTRICTIONS - KDAC PRGM 2,500 Preclosing closing entry 2,500 NET ASSETS WITH DONOR RESTRICTIONS - CAPT ASSETS 7,200 Preclosing closing entry 7,200