Non-Profit
Endowment Interest Income Earned
Recording interest earned on endowment fixed-income investments.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank (Endowment) | Asset (+) | 1,500.00 | - |
| Interest Income (With Restrictions) | Revenue (+) | - | 1,500.00 |
💡 Accountant's Note
Interest on endowment investments is restricted — it stays within the endowment fund unless appropriated by the board for operations. It increases the net assets with donor restrictions.
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