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Expert Q&A Done Please help with the following hw questions Non profit company. Please enter the transactions for the following: Question 1: Company A
Expert Q&A Done Please help with the following hw questions Non profit company. Please enter the transactions for the following: Question 1: Company A receives various cash contributions, pledges, and in-kind contributions. The following table presents these contributions: Without donor With donor Contribution Type: restrictions restrictions Cash $4,165,977.50 $650,000.00 Pledges receivable 0.00 694,786.25 In-kind 122,641.25 0.00 contributions Total $4,983,405.00 $1,344.786.25 The in-kind contributions represent donations of services by licensed professionals. These services would have otherwise been purchased and should therefore result in an expense for professional services related to Management and General activities of the organization. Question 2: Company A has an unrealized gain of $866,673.75 on its main operating investment account, not the one associated with an endowment.
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