Contributions to restricted funds

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 reply

You can set up an income sub-account of the appropriate fund and credit it.

Hope this helps,

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