help with closing entries please!!!

Following is a pre-closing trial balance for Mitchell County Services at 12/31/20. Assume amounts are without donor restriction unless Indicated otherwise, Debit Credit Cash 7,000 Cash - With Donor Restriction 4,200 I 1 | 1 Page 6 1 Contributions receivable (restricted for specific program) 2,000 Allowance for uncollectible pledges 600 Investments (principal held in perpetulty per donor) 6,400 Furniture and Equipment (no restrictions) 20,000 Accumulated depreciation, furniture & equipment (no restrictions) 12,000 B Accounts payable 800 Net assets Without Donor Restriction (1/1/20) 17,800 5 Net assets With Donor Restriction-Programs (1/1/20) 400 Net assets With Donor Restriction-Permanent 6 Endowment (1/1/20) 6,400 7 Contributions 3,000 B Contributions With Donor Restriction 5,400 9 Program service fees-Without Donor Restriction 6,000 20 State grants With Donor Restriction 8,600 21 Investment income 400 Net Assets Released from Restriction - With Donor 55 22 Restriction 8,800 Net assets Released from Restriction-Without Donor 23 Restriction 8,800 24 Salaries and related expenses 15,000 25 Occupancy expenses 2,400 26 Printing and communications 1,400 27 Depreciation expense 2,000 28 Other expenses 1,000 29 70,200 70,200 30 Instructions: From the trial balance, please complete the following in this order: 1st. Statement of Expenses by Nature and Function for the year ended December 31, 2020, 32 2nd. Statement of Activities for the year ended December 31, 2020. 35 3rd. Statement of Financial Postion at December 31, 2020, 34 Ath. Prepare closing entries, including any applicable reclassifications of the net asset accounts. Counseling Domestic Management & 35 Details about functional expenses: Program Program General 36 Salaries and related expenses 5,000 6,000 1,000 37 Occupancy expenses 1,200 400 200 38 Printing and communications 200 400 600 39 Depreciation expense 1,000 100 40 Other expenses 400 200 200 41 Worksheet for Statement of Expenses by Nature and Function is in separate worksheet tab in the Excel file. 42 Mitchell County Services 1 I 1 31 Fundraising 3,000 600 200 500 200 400 Mitchell County Services General Journal - Closing Entries Year ended December 31, 2020 (1)-Close Revenues Without Donor Restriction contibutions without donor restrictions 3,000 program service fees 6,000 investment Income 400 net assets released from restrictions (2) - Close Revenues With Donor Restriction Page 5 (3) - Close NA Released accounts Pa (4)-Close Expenses (natural classification) 3 2. Following is a pre-closing trial balance for Mitchell County Services at 12/31/20. Assume amounts are without donor restriction unless Indicated otherwise, Debit Credit Cash 7,000 Cash - With Donor Restriction 4,200 I 1 | 1 Page 6 1 Contributions receivable (restricted for specific program) 2,000 Allowance for uncollectible pledges 600 Investments (principal held in perpetulty per donor) 6,400 Furniture and Equipment (no restrictions) 20,000 Accumulated depreciation, furniture & equipment (no restrictions) 12,000 B Accounts payable 800 Net assets Without Donor Restriction (1/1/20) 17,800 5 Net assets With Donor Restriction-Programs (1/1/20) 400 Net assets With Donor Restriction-Permanent 6 Endowment (1/1/20) 6,400 7 Contributions 3,000 B Contributions With Donor Restriction 5,400 9 Program service fees-Without Donor Restriction 6,000 20 State grants With Donor Restriction 8,600 21 Investment income 400 Net Assets Released from Restriction - With Donor 55 22 Restriction 8,800 Net assets Released from Restriction-Without Donor 23 Restriction 8,800 24 Salaries and related expenses 15,000 25 Occupancy expenses 2,400 26 Printing and communications 1,400 27 Depreciation expense 2,000 28 Other expenses 1,000 29 70,200 70,200 30 Instructions: From the trial balance, please complete the following in this order: 1st. Statement of Expenses by Nature and Function for the year ended December 31, 2020, 32 2nd. Statement of Activities for the year ended December 31, 2020. 35 3rd. Statement of Financial Postion at December 31, 2020, 34 Ath. Prepare closing entries, including any applicable reclassifications of the net asset accounts. Counseling Domestic Management & 35 Details about functional expenses: Program Program General 36 Salaries and related expenses 5,000 6,000 1,000 37 Occupancy expenses 1,200 400 200 38 Printing and communications 200 400 600 39 Depreciation expense 1,000 100 40 Other expenses 400 200 200 41 Worksheet for Statement of Expenses by Nature and Function is in separate worksheet tab in the Excel file. 42 Mitchell County Services 1 I 1 31 Fundraising 3,000 600 200 500 200 400 Mitchell County Services General Journal - Closing Entries Year ended December 31, 2020 (1)-Close Revenues Without Donor Restriction contibutions without donor restrictions 3,000 program service fees 6,000 investment Income 400 net assets released from restrictions (2) - Close Revenues With Donor Restriction Page 5 (3) - Close NA Released accounts Pa (4)-Close Expenses (natural classification) 3 2