Microsoft Dynamics and Sage Group focus on small and mid market sized companies.
Indicate whether the statement is true or false
Question 2
Land valued at 100,000 was donated to a not-for-profit organization. The donation came with no restrictions. The organization's management decided to hold the land for resale and use the proceeds to establish a reserve for future capital needs.
Which of the following journal entries would be made on the date of donation?
dr cr
a. Land Held for Resale 100,000 Temporarily Restricted Contributions 100,000
b. Fixed Assets 100,000 Capital Contribution 100,000
c. Land Held for Resale 100,000 Unrestricted Contributions 100,000
d. Fixed Assets 100,000
Temporarily Restricted Contributions 100,000
e. Land Held for Resale 100,000
Temporarily Restricted Contributions 100,000
Sandia ear-plug-sized samplers hang poised to sample gases relevant to climate and weather.
Photograph of the flea that transmits Yersinia pestis to cause bubonic plague, called the oriental r
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Students working in a group
Group of Ants
Splicing mechanism for removal of group I introns