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b. Prepare Southside's statement of activities for 2023 and its statement of financial position at December 31, 2023. Use a negative sign with an
b. Prepare Southside's statement of activities for 2023 and its statement of financial position at December 31, 2023. Use a negative sign with an answer for net assets released from restrictions and change in net assets, if appropriate. Otherwise, do not use negative signs. Note: Not all accounts will have a balance. If the balance is zero for a listed account, leave answer field blank (or enter zero). Southside Counseling Center Statement of Activities For the Year Ended December 31, 2023 Revenues, gains, and other support: Net Assets Without Donor Restrictions Net Assets With Donor Restrictions Contributions-General Contributions-Grant $ 0 x $ 0 x 0 x 0 x Contributions-Parolee program Contributions-Building fund 0 0 Investment income 0 x > x Net assets released from restrictions 0 x Total revenues, gains and other support 0 x ooooooo 0 0 x 0 x xx < < < xx Expenses: Program expenses Administrative expenses Fund-raising expenses Total expenses 0 x 0 x 0 x 0 x Change in net assets 0 x 0 x Net assets, January 1, 2023 0 Net assets, December 31, 2023 $ 0 x 0 % Southside Counseling Center Statement of Financial Position December 31, 2023 Assets Cash $ 0 x Contributions receivable, net 0 x Investments 0 x Restricted cash 0 % Building and equipment, net 0x Total assets $ 0 % Liabilities and net assets Liabilities: Accounts payable $ 0 % Note payable 0 x Mortgage payable 0 x 0 x Net assets: Without donor restrictions 0 x With donor restrictions 0 x 0 x Total liabilities and net assets $ 0 %
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