Closing balance of invested in capital assets is $166,884.

Closing balance of unrestricted is $769,034.

Prepare V&V December 31, 2019 year end's balance sheet and income statement;

ASSIGNMENT -FINAL EVALUATION V&V is a non pront organization whose mission is to provide service and help the blind, deal and mute. December 31, 2019. It presented the following ADJUSTED tral balance, before year end closing entries Credit Dobit 23 166 242 204 1 158 4 259 638 913 472 075 175 000 279 840 60 368 428 516 45339 48 395 105 952 716 617 2019 Account Description 101 Cash 102 Accounts receivable 1103 Allowance for doubtful accounts 104 Prepaid expenses 105 Property, plant & equipment 106 Accumulated deprecation 201 Bank loan 202 Accounts payable 20E Salaries and remittance payable 204 Miscellanous loans 205 Current portion of long term debt 206 Long tem debt 301 Invested in capital assets - opening 302 Unrestricted - opening 40 Goverment grants 1102 Donations contributions 405 Service revenue 102 other revenues Salaries and remittance 1502 Professional fees SOE Rent 500 Depreciation ENE Taveling SOB 200 Telecommunication 507 TOP ce supplies 1508 Insurance 809 Training 5110 511 Marketing 512 interest and bank rees 1 067 190 102 209 643 241 336303 1206 739 190 75 172 442 39 069 129 905 150 480 OLS 352 61613 1988 69501 511:1513731