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32. Following is a pre-closing trial balance for Haines Family Service Society at 12/31/19: (20 points) Debit Credit Pledges receivable (for 2020 operations) 1,000 Allowance

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32. Following is a pre-closing trial balance for Haines Family Service Society at 12/31/19: (20 points) Debit Credit Pledges receivable (for 2020 operations) 1,000 Allowance for uncollectible pledges 1 Investments (held in perpetuity) 3,200 Accumulated depreciation, furniture & equipment nture and Equipment 10,000 6,000 Accounts payable 400 Net assets without donor restriction 8 ,900 Net assets with donor restriction time and purpose 200 Net assets with donor restriction-endowment 3,200 Contributions 1,500 Contributions with donor restriction 2,700 Program service fees 3,000 State grants, with donor restriction Investment income 200 Net assets released from restriction 4,400 Net assets released from restriction 4,400 Salaries and related expenses 7,500 Occupancy expenses 1,200 Printing and communications 1,200 Depreciation expense 1,000 35,100 Net assets are with donor Salaries and related expenses 1. Prepare the required financial statements on the following pages (Cash Flow omitted). 2. Prepare closing entries on journal provided. All accounts are without donor restriction other than as noted. MacBook Air

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