make a phisicle donation
is depreciation expense a non-cash expense
Neither. Depreciation is a non-cash expense.
Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
Depreciation does not create cash flow. It is a non-cash expense.
It is non cash since you credit the inventory account rather than cash.
Spending money, but rather than cash, you use a non-cash asset of value. For example, companies that give there employees stock options are incurring a non-cash expense.
[Debit] Cash [Credit] Donation
Depreciation is a non-cash expense that matches the income generated by an asset or its useful life. When creating a statement of cash flows depreciation expense is the first item added back in.
Donation A/c Dr. To Cash/Bank A/c Cr.
Inventory+AR+Prepaid expense-Current Liabilities
Inventory+AR+Prepaid expense-Current Liabilities
cash a/c Dr. 30400 TO Donation a/c 30400