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I am confused about recording contributions to, for example, the building fund. How does the contribution get recorded as income on the Statement of Activities? I see in your book that you would debit cash and credit the temporarily restricted account, but I don't know how to get that amount reflected in income. Thank you!vickey”s replyYou can set up an income sub-account of the appropriate fund and credit it.Hope this helps,Church Accounting Package www.freechurchaccounting.comKnow the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!
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