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What entry would a donor make when giving a cash donation to a charity?

Accounting Accounts Payable Finance
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Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/01/03
Upvote (2) Views (65) Followers (7) Answers (5) Report Question
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Manzoor Hussain
by Manzoor Hussain , Head Of Accounts & Finance , Hafidh Fadhal Ba-Omar & Partners Trdg & Cont Co LLc

Donation Exp. A/C   Dr.

      Cash / Bank      Cr.

Majiid sherazi
by Majiid sherazi , Internet expert , Advertisment services

Not recording in the book of accounting 

Mohammed Murtuza Riyaz
by Mohammed Murtuza Riyaz , General Accountant , Ahmed Al Abdulkareem Trading Group (Retail, Construction, Low Current, Real Estate)

Cash A/c…. Dr

 

To Refundable Advance to Charity…. Cr

Iftekhar Ahmad iftekhar
by Iftekhar Ahmad iftekhar , Senior Accountant , Foodie Brands Catering Services

DR DONATION / SUBSCRIPTION

CR CASH

Jamal Hussain
by Jamal Hussain , Chief Accountant , Harvey Nichols Riyadh (Alfa International Company)

   DR Donation/ Expence 

  CR Cash

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