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-   -   Spending donation on asset purchase (https://www.askmehelpdesk.com/showthread.php?t=396034)

  • Sep 13, 2009, 10:35 AM
    raj80
    Spending donation on asset purchase
    Journal entry for Donation received as cash and use of that money to purchase an asset
  • Sep 15, 2009, 09:14 PM
    ROLCAM

    DEBIT Asset Account
    CREDIT Cash Account.

    Being Donation received as cash and use of that money to purchase an asset

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