[thebusyone]

Hi all,

Quick question. Are permanently/temporarily restricted contributions to not-for-profits considered revenue when received or when the contribution becomes unrestricted?

Thanks!

______________________
BEC - 4/4/11 - 83
REG - 1/4/12 - 82
AUD - 2/18/12 - 77
FAR - 5/31/12 ? 88
Ethics - 6/13/12 - 95

[goodluck2everyone]

received

here are the JEs

cash x

temporarily restricted revenue x

when it is spent

temp rest rev x

unrestricted rev x

expense x

cash x

since you cannot spend perm restricted revenue, it's just this

cash x

perm restricted rev x

BEC- 80
REG- 68, 71, July
AUD- 61 , 84
FAR- -- 75 🙂

[Author]

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