Which entry would be the correct entry on the donor's books when the donor relinquishes control of an asset, such as cash, which it contributes to a not-for-profit entity?
A) Option A.
B) Option B.
C) Option C.
D) Option D.
E) Option E.

Question

Which entry would be the correct entry on the donor's books when the donor relinquishes control of an asset, such as cash, which it contributes to a not-for-profit entity? 
A) Option A. 
B) Option B. 
C) Option C. 
D) Option D. 
E) Option E.

Quizplus · Accepted Answer

The Answer of Which entry would be the correct entry on the donor's books when the donor relinquishes control of an asset, such as cash, which it contributes to a not-for-profit entity? 
A) Option A. 
B) Option B. 
C) Option C. 
D) Option D. 
E) Option E.

Which Entry Would Be the Correct Entry on the Donor's