Link: Return to Accounting Manual
Income
| Account Ledger |
Description |
Transfer Account |
Debit |
Credit
|
| Grant
|
| Equity:Funds Granted:(Name) Foundation |
Grant from the (Name) Foundation |
Assets:Current Assets:Cash:General Checking Account |
N/A |
$100,000
|
| True Fans Contribution
|
| Example |
Example |
Example |
Test |
Test
|
| Individual Donation
|
| Example |
Example |
Example |
Test |
Test
|
| Sale - Machine - Tractor
|
| Example |
Example |
Example |
Test |
Test
|
Expenses
| Account Ledger |
Description |
Transfer Account |
Debit |
Credit
|
| Construction Materials
|
| Equity:Funds Granted:(Name) Foundation |
Grant from the (Name) Foundation |
Assets:Current Assets:Cash:General Checking Account |
N/A |
$100,000
|
| Equipment - Welder
|
| Example |
Example |
Example |
Test |
Test
|
| Utility Bills - Water
|
| Example |
Example |
Example |
Test |
Test
|
| Gasoline - Generator
|
| Example |
Example |
Example |
Test |
Test
|
