And I’m going to say it’s going to be unrestricted. And then we don’t need anything here, the debit amount is going to be that 11 five, I believe is what we’re working with here. 11, five, yes, 11 500. We don’t need any any other categorization here. So we look good, the other side is going to be going out of that new account, we set up in the expenses, pp and e 8100. It’s also it’s going to be the fun should be unrestricted, I’m going to say unrestricted here, unrestricted. And then that’s going to be the credit of 11 500. Now, if you’re not good with with the debits and credits, obviously, if you went the wrong way, what would happen you’d see this account be doubled. And in that would be wrong way, right. And then you just switch the debits and credits, and you’d be back on so the total debits add up to the total credits, this is going to be our transaction.
Author: Bob Steele CPA - Accounting Instruction, Help & How To
Salaries Expense 145
In this presentation, we will record a transaction related to salaries expense into our accounting system. Get ready, because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to jump on over to our Excel file to see what our objective will be here, we’re going to be in tab number six, tab number six, where we have our transaction. Here we are in our not for profit organization dashboard, we’re going to be jumping on over to Excel to see what our objective will be, we’re going to be in tab number six. So we’re in tab number six, we’re going to be recording the salaries expense.
Government Grants 140
In this presentation, we will enter a transaction related to the receipt of a government grant into our not for profit organization. Get ready, because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to head on over to our Excel file to see what our objective will be, we’re going to be in tab four. So we’re in tab four, where we have a contribution that’s going to be for the school over to our description up top. So this is going to be the government grant to be used for education. So we’re going to get money, we got money from a government grant. And we have to use it for a specific reason, they put a restriction on it in other way.
Pledge 135
This presentation, we’re going to enter a transaction related to a pledge and our accounting system. Get ready, because here we go with aplos. Here we are in our not for profit organization dashboard, let’s jump on over to Excel to see what our objective will be. We are in Excel, we’re in tab number three, we’re now recording a pledge. Now the pledge is going to be similar to the contribution. However, we haven’t got the money yet. So it’s a promise to pay. If you compare this to a for profit type of organization, the contribution would be similar to us doing the goods or services at the same point in time that we get paid. And you can imagine given a sales receipt, like at the register, at that point, and then the pledge is going to be similar to us doing a service or providing goods before we get paid.
Cash Donation 130
In this presentation, we’re going to record a cash donation or contribution into our not for profit organization. Get ready because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to be jumping on over to Excel first to see what our objective will be. So here we are in Excel, we’re on tab two in our Excel worksheet, we’re going to be recording a cash donation. Now note, we’re going to be recording this as a one lump sum donation. But you can imagine we have multiple donations, that would be of a similar format.
Office Space Donated 125
This presentation, we’re going to record a transaction related to the contribution or donation of office days to our not for profit organization. Get ready because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to jump on over to Excel to see what our objective will be, we’re going to be on tab one. So I’m on tap one here, and number one says it’s going to be office space donated. So it’s going to be a bit of a tricky transaction for the first transaction here we got a contribution, but that contribution isn’t cash and which would be the normal type of contribution what was contributed instead, the use of the facilities the use of office space.
Fund Raising Purposes 121
In this presentation, we’re going to set up and analyze the function of purposes within our accounting software, the purposes are going to be similar or serve a similar function as the items like inventory items and service items in a for profit organization. Get ready, because here we go with aplos. Here we are on our not for profit organization dashboard. Last time, we were over here in the accounting section, and we set up our chart of accounts and we set up our tags. Now we’re going to be going into the donations section we’re going to go into the donations, this is going to be our revenue type of site of section if you’re thinking about this as a comparison to a for profit type of organization, is how we’re going to be generating revenue with those donations.
Set up Funds & Tags 120
In this presentation, we’re gonna set up and customize our funds and tax features within our accounting software. Get ready, because here we go with aplos. Here we are in our not for profit organization dashboard, we’re gonna go into our chart of accounts over here. Now, we’re going to go into the fund accounting tabs and the fund accounting tab up top, then you’ll see another bar here with our drop downs, we want to go to the accounting drop down on the far left hand side, we’re going to first go to that first item, which is going to be the accounting tab, we’re going to be going into the accounting tab. And then right up top, we have our funds features.
Aplos – Set Up Free Trial 105
In this presentation, we’re going to take a look at the setup process for the free trial of aplos. aplos is an accounting software that’s designed specifically for not for profit organizations they typically have and at this time do have a free trial component for it, which is a great tool to get used to the software and go through a practice problem as we will do here. Get ready, because here we go with aplos.
Patterns of Financing 610
Corporate Finance PowerPoint presentation. In this presentation, we will discuss patterns of financing, get ready, it’s time to take your chance with corporate finance patterns of financing. As we think of financing patterns, let’s first think of our accounting equation assets equal liabilities plus equity assets are what the company has, we have those assets in order to help us to generate the revenue, we need to finance those assets, either with liabilities or equity, equity being the retaining of earnings over time, the earnings that have not been paid out in dividend and or investments that have been put into the company for the distribution of stocks.