[Debit] Cash
[Credit] Donations
[Debit] Cash / bank xxxx [Credit] Sale of donated asset xxxx
debit bankcredit cash
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
debit cash credit bank
debit depreciationcredit cash
[Debit] Cash / bank xxxx [Credit] Sale of donated asset xxxx
[Debit] Donated Car [Credit] Owner equity or retained earnings
debit bankcredit cash
debit equipmentcredit donation
The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX
[Debit] Donated Assets [Credit] Retained Earning / OE
Debit accounts payableCredit cash
debit cash credit bank
debit depreciationcredit cash
debit equipmentcredit cash
Debit petty cashCredit cash / bank
Debit cash refundCredit expenses