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CLASSES OF NET ASSETS . The goody two shoes charity received the following pledges during 2019: $1,000 from Dr. Scholls to purchase boys' shoes $4,000

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CLASSES OF NET ASSETS . The goody two shoes charity received the following pledges during 2019: $1,000 from Dr. Scholls to purchase boys' shoes $4,000 from the sisters of St. Francis parish to purchase shoes for teenage moms $6,000 from the United Way to be used in the following year (2020), $8,000 from various donors with no purpose or time restrictions All of the temporarily restricted pledges were received by September 25th. Half of the pledges with no donor restrictions are expected to be collected before December 31st. Prepare in good form the net asset section of the Statement of Financial Position (Balance Sheet) on December 31, 2019

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