DRAFT New Balance Knowledge Base

T-accounts are often helpful to illustrate General Ledger (GL) entries. For every debit entry there is a corresponding credit entry.    Debit = left ...

Spending rules dictate how returns on an endowment can be spent by an institution.  Organizations may apply one spending rule to all of their endowment fund...

This illustration will show how, for a client that has distributions impacting unit price instead of units, excluding funds from participating in a spending...