Non-Profit
Release of Donor Restriction Matching Depreciation
Releasing a portion of a restricted capital gift to match the annual depreciation of the purchased asset.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Net Assets with Donor Restrictions | Equity (-) | 1,000.00 | - |
| Net Assets without Donor Restrictions | Equity (+) | - | 1,000.00 |
💡 Accountant's Note
If a donor gives $10k for a machine with a 10-year life, you release $1k each year as 'Unrestricted' to offset the $1k depreciation expense on the Statement of Activities.
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