Question
Complete the journal entry for the following Transaction Transaction: UGO has an unrealized gain of $866,673.75 on its main operating investment account, not the one
Complete the journal entry for the following Transaction
Transaction: UGO has an unrealized gain of $866,673.75 on its main operating investment account, not the one associated with an endowment
GL Code | Restriction | Debit | Credit |
General Ledger Codes:
11000 Cash
12000 Investments
13000 Pledges receivable
14000 Grants receivable
15000 Other receivables
16000 Prepaid expenses
17001 Land
17002 Buildings and improvements
17003 Leasehold improvements
17004 Equipment
17500 Accumulated depreciation
18000 Investments endowment
21000 Line of credit
22000 Accounts payable
24000 Lease incentive liability
25000 Notes payable
31000 Net Assets
Restriction Codes
1 Without donor restrictions
2 With donor restrictions
GL Code | Restriction | Debit | Credit |
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