Non-Profit
Endowment Dividend Income
Recording dividends received on stocks held in the endowment portfolio.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank (Endowment) | Asset (+) | 2,200.00 | - |
| Dividend Income (With Restrictions) | Revenue (+) | - | 2,200.00 |
💡 Accountant's Note
Dividends received by the endowment fund are restricted income. They accumulate within the fund until the board decides on the annual spending distribution.
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