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What entry would a donor make when giving a cash donation to a charity ? No long explanations just >>>> DR: ? AND CR?

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Question added by Mahmoud Hotar , Auditor , Ajiad Import & Export (Yarn-Fabrics)
Date Posted: 2016/10/13
Anil Lalwani
by Anil Lalwani , Chief Accountant , Al Ahli Hospital

Donation A/c      Dr

   To Cash a/c

Waleed Abdul Kader
by Waleed Abdul Kader , مدقق محاسبة رئيسي Senior Auditor، مدير موقع www.f2aw.com , يسري وشركاه لتدقيق الحسابات Youssry & Co Auditing

I agree with Mr. Anil Lalwani

donation to cash

Thanks & Regards 

Shameer Nazir Madari
by Shameer Nazir Madari , Assistant Finance Manager , METAL AND RECYCLING COMPANY K.S.C. (PUBLIC)

Entry will be

 

Dr. Expenses 

Cr. Cash

 

 

 

Tomasz L
by Tomasz L , Reporting Specialist , Outworking

I agree with previous answers, or you are so generous in donations then you will need analytic accounts.

Hussein Mostafa Salem Radwan
by Hussein Mostafa Salem Radwan , مدير حسابات ونائب المدير المالى , - الوصف الوظيفة مدير حسابات : - العمل على إدارة قسم المحاسبة وجميع المهام المحاسبية . - الاشرف على

I agree with Professor answer / Anil Lalwani

Kosgolla Arachchilage Don Nirosh Rukshan Madusanka
by Kosgolla Arachchilage Don Nirosh Rukshan Madusanka , Customer service Assistants Cashier , WOQOD

Donation Account  - Debit

cash book  - Credit

Javeed Beig
by Javeed Beig , Accounts Executive , Sri Gurudatta Enterprises

Donation A/c       Dr

To Cash A/c

(Being donation paid by cash)

Wilfredo Quito
by Wilfredo Quito , Accounting Manager , DDC LAND INC.

I agree with Mr. Anil Lalwani

Donation A/c -----------------------Dr

    To Cash A/c----------------------Cr

Pa Bakary Mambureh
by Pa Bakary Mambureh , Paymaster, Accountant , GTUCCU

Dr our account and Cr the benficiary account

MOHAMMED SHERIEF M K MULLATH KUNHIPPA
by MOHAMMED SHERIEF M K MULLATH KUNHIPPA , MANAGER ACCOUNTS , MALAMPUZHA CEMENTS PVT.LTD

DEBIT DONATION A/C

CREDIT CASH A/C

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