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Following are the adjusted current funds trial balances of Community Association for Children with Disabilities, a voluntary health and welfare organization, on June 30, 20X4:
Following are the adjusted current funds trial balances of Community Association for Children with Disabilities, a voluntary health and welfare organization, on June 30, 20X4: with Donor Restrictions Debit Credit $ 9,900 5,200 $ 2,500 COMMUNITY ASSOCIATION FOR CHILDREN WITH DISABILITIES Adjusted Current Funds Trial Balances June 30, 20X4 Without Donor Restrictions Debit Credit Cash $ 41,200 Bequest Receivable Pledges Receivable 13,300 Accrued Interest Receivable 2, eee Investments (at market) 101,500 Accounts Payable & Accrued Expenses $ 50,400 Deferred Revenue 3,300 Allowance for Uncollectible Pledges 3,900 Fund Balances, July 1, 20x3: Designated 13, Undesignated 27,209 With Donor Restrictions Transfers of Expired Endowment Fund Principal 21,999 Contributions 380 208 Membership Dues 25,400 Program Service Fees 31, 100 Investment Income 11,199 Deaf Children's Program Expenses 121,200 Blind Children's Program Expenses 151, e9e Management and General Services 45.200 Fund-raising Services 9.999 Provision for Uncollectible Pledges 2,200 Total $ 487.509 $ 487,500 24,100 21,900 18,300 5.809 2,100 $44,909 Requlred: a. Prepare a statement of activities for the year ended June 30, 20X4. (Amounts to be deducted should be Indicated by a minus slgn.) COMMUNITY ASSOCIATION FOR CHILDREN WITH DISABILITIES Statement of Activities Year Ended June 30, 20X4 Without Donor With Donor Restrictions Restrictions Public support and revenue: Public support: Revenue: Net assets released from: Total support and revenue Expenses: Program services Total program services Supporting services: Total supporting services Total expenses $ Fund balances, July 1, 20X3 Fund balances June 30, 20X4 SOSO b. Prepare a statement of financial position as of June 30, 20X4. COMMUNITY ASSOCIATION FOR CHILDREN WITH DISABILITIES Statement of Financial Position June 30, 20X4 Assets Total assets Liabilities Total liabilities Net assets: Total net assets Total liabilities and net assets S0
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