Facebook had 80,000-90,000 employees before the purge
Facebook had 80,000-90,000 employees before the purge
The comparison is silly. Far better would be with mobile app developers who typically have much smaller teams than 24.
And so I would agree that their headcount seems excessive for what is being delivered.
For non profit: When recording journal entries, it is important to determine if the donated asset just passes from the organization to another person, such as donating clothes to the Goodwill, which pass to whoever receives the clothes from the goodwill. If this amount is not substantial, then the asset is not recorded; if the donation is substantial then the company records the assets. Substantial means it will have a meaningful impact on the financial statement.
If the asset passes as such and is substantial, then debit "Expense" and credit "Unrestricted Contributions." If someone donates a substantial amount but the asset is not passed to another person, then record the donation by debiting "Assets" and crediting "Contributions."
If the company sells the donated asset above its fair market value, then the amount over the fair market value is revenue. For example, a nonprofit auctions off a trip to Hawaii that has a fair value of $10,000. The trip auctions for $15,000. The $5,000 difference is revenue.