what is the entry when we get a gift of $100,000 for cancer research only with the investments earnings also limited to cancer research?

To record the entry for receiving a gift of $100,000 for cancer research where the investment earnings are also limited to cancer research, you would typically follow these steps:

1. Identify the accounts involved: In this case, you would need to consider a specific account for the gift received and the respective accounts for the investment earnings and expenses related to cancer research.

2. Determine the appropriate fund or program: If your organization manages multiple funds or programs, you'll need to identify the specific fund or program to which this gift will be allocated.

3. Record the initial gift receipt: Debit the asset account representing the gift received. For example, you could debit an account called "Cash" or "Donations Receivable" if the gift has been pledged but not yet received. Credit the revenue account for the fund/program related to cancer research. For example, you could credit an account named "Cancer Research Fund" or "Cancer Research Donations."

4. Restrict investment earnings: If the investment earnings on the gift are also to be directed to cancer research, you'll need to create a restriction for those earnings. Typically, this is achieved through a "Quasi Endowment" or "Fund for Specific Purpose." To restrict the investment earnings to cancer research, you would debit the Revenue account for investment earnings and credit a separate liability account for the restricted funds. For example, you could credit a liability account called "Restricted Funds - Cancer Research."

Note: The specifics of the chart of accounts and naming conventions may vary depending on your organization's accounting system.

Remember to consult with a qualified accountant or financial professional to tailor these steps to your specific organizational requirements and any applicable accounting principles or regulations.