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Landslot City received a gift from Ms. J. R. Landslot. Ms. Landslot wished to provide operating resources for an annual parade in her husband's honor.

Landslot City received a gift from Ms. J. R. Landslot. Ms. Landslot wished to provide operating resources for an annual parade in her husband's honor. The gift was $2,000,000. The entry to record the $2,000,000 donation in the records of a Private Purpose Trust Fund would be Oa. Debit Cash $2,000,000 Credit Operating transfer in $2,000,000 Ob. Debit Cash $2,000,000 Credit Due to GF $2,000,000 Oc Debit Cash $2,000,000 Credit Additions-Gifts $2,000,000 Od Debit Cash $2,000,000 Credit Fund Balance $2,000,000 Werimage text in transcribed

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