Having a program with the Treasurer of our church, what is church revenue and how is suppose to be brought in to show it as revenue? What is designated revenue and how is it supposed to be brought in and show on the monthly report?
Church revenue is the regular offerings/donations. Designated revenue is donations restricted by the donor for a specified purpose such as a donation for a church sign or missions, etc.
In double entry accounting, you would credit whatever income account you has set up for that revenue.
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