A not-for-profit organization (Charity A) raises money for other charitable organizations. Charity A receives $10,000 to distribute to Charity
B.
B.
Assume that the donor retains the right to revoke or redirect the gift.
Prepare the journal entries for Charity A and Charity
B. The entries should be for the gift when received by Charity A, and when the gift is distributed for Charity

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The Answer of A not-for-profit organization (Charity A) raises money for other charitable organizations. Charity A receives $10,000 to distribute to Charity
B.
B.
Assume that the donor retains the right to revoke or redirect the gift.
Prepare the journal entries for Charity A and Charity
B. The entries should be for the gift when received by Charity A, and when the gift is distributed for Charity

A Not-For-Profit Organization (Charity A) Raises Money for Other Charitable