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Attached are the preclosing trial balances of Marks Community Center. Prepare 1. a statement of financial position and 2. a statement of activities for the

Attached are the preclosing trial balances of Marks Community Center. Prepare 1. a statement of financial position and 2. a statement of activities for the Month ended December 31, 2018.

Marks Community Center
Trial Balance
December 31, 2018
Without Donor Restrictions With Donor Restrictions
Account Title Debit Credit Debit Credit
Cash 3,000 1,600
Pledges receivable 1,000 500
Allowance for uncollectible pledges 300
Investments 3,200
Accrued interest receivable 100
Net assets, January 1 2018 6,700 2,000
Contributions 1,000 500
Membership Dues 1,500
Program service fees 3,000
Grant from county 2,500
Grant from state 2,500
Unrealized and realized gains on investments 200
Investment income 100
luncheon Program Expense 7,200
Recreation program expense 3,400
Administration expenses 300
Net assets with donor-reclassifications out-satisfaction of program restrictions 400
Net assets with donor-reclassifications in-satisfaction of program restrictions 400
18,200 18,200 2,500 2,500

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