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Problem 2 to Record Contribution Revenue (In a Nonrestricted

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Problem 2 Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record the remaining balance of the contribution (in a donor restricted fund).
d. Endowment earnings Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors.
e. Increase in market value of investments Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted.
f. Depreciation Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record depreciation expense (in a nonrestricted fund)
g. Others operating expenses Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge To record the other operating expenses (in a nonrestricted fund)
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h. Building fund pledge Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund). d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors. e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted. f. Depreciation To record depreciation expense (in a nonrestricted fund) g. Others operating expenses To record the other operating expenses (in a nonrestricted fund) . h. Building fund pledge

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