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Author Question: Stock valued at 15,000 was donated to a government college's capital campaign. The entry to record ... (Read 90 times)

cherise1989

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on: Jul 5, 2018
Stock valued at 15,000 was donated to a government college's capital campaign. The entry to record the receipt of the gift would be
   dr cr
 
  a. Investments  Capital Campaign  15,000 Deferred Revenue  15,000
  b. Investments  Capital Campaign  15,000 Capital Contributions  15,000
  c. Investments (Unrestricted)  15,000 Deferred Revenue  15,000
  d. Investments(Unrestricted)  15,000
   Special Item  15,000

Question 2

E-mail is the electronic transmission of nonstandardized messages between two individuals who are linked via a communications network.
  Indicate whether the statement is true or false


cat123

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Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

T


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