Question
Girls Education, a non-profit promoting the formal education of girls in economically depressed areas, receives a contribution of $100,000 that the donor restricts to purchasing
Girls Education, a non-profit promoting the formal education of girls in economically depressed areas, receives a contribution of $100,000 that the donor restricts to purchasing technology and books for the girls in FY 01. In FY 01, Girls Education purchases books for $1,000 and electronic readers for $20,000.
Can you assist me in making all necessary journal entries to record the transactions for FY 01?
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
