How should you treat money donated to improve a building,
which is a permanent endowment?

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How should you treat money donated to improve a building, which is a permanent endowment? ..

Answer / jagi

Treat as addtional capital.

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How should you treat money donated to improve a building, which is a permanent endowment? ..

Answer / guest

Treat it as an addition (incoming resource) to permanent
endowment funds. Any interest earned on the money prior to
spending should also be included as permanent endowment.

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How should you treat money donated to improve a building, which is a permanent endowment? ..

Answer / madhuri

Expediture incurred on building which is a permanet
endowment should be considered as a Capital expenditure and
should be addition to the asset which should be added to
the cost of the asset.

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