Which entry would be the correct entry on the not-for-profit entity's books to record a donor's gift when the money is simply passing through the not-for-profit entity, it creates no direct benefit, and control of the assets has been relinquished by the donor?
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 not-for-profit entity's books to record a donor's gift when the money is simply passing through the not-for-profit entity, it creates no direct benefit, and control of the assets has been relinquished by the donor? 
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 not-for-profit entity's books to record a donor's gift when the money is simply passing through the not-for-profit entity, it creates no direct benefit, and control of the assets has been relinquished by the donor? 
A) Option A. 
B) Option B. 
C) Option C. 
D) Option D. 
E) Option E.

Which Entry Would Be the Correct Entry on the Not-For-Profit