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I am wondering if you have a detailed paper on the below subject or at least the three statements required including the details on the

I am wondering if you have a detailed paper on the below subject or at least the three statements required including the details on the calculations (numbers). Thank you for any help that you can give to me...

Lee College Financial Information

Final Project

The purpose of the Final Project is for you to demonstrate understanding of the reading as well as culminate the learning achieved in the course by describing your understanding and application of knowledge.

Focus of the Final Project

Review the financial information pertaining to Lee College in problem 11-8 on pages 362 of your text. Prepare the following:

A Statement of Activities using the format presented in Illustration 10-2. (Illustration 10-2 i a Statement of Activities and has columns for Unsrestricted, Temporarily Restriced, Permanently Restricted, and Total; if yo need a copy of it I will type one up for you).

A Statement of Unrestricted Revenues, Expenses, and Other Changes in Unrestricted Net Assets.

A Statement of Changes in Net Assets.

Your paper must:

Include both the completed financial statements and detailed analysis of the data provided.

Explain the process by which you completed the final statements and include any applicable supporting information computations and explanations.

Offer an in-depth analysis of the financial health of Lee College.

Guidelines for Writing the Final Paper

Must be a minimum of five to seven double-spaced pages in length (not including the title and reference pages) and formatted according to APA style as outlined in the approved APA style guide.

Must include a cover page that includes:

Students name

Course name and number

Title of project

Instructors name

Date submitted

Must include an introductory paragraph with a succinct thesis statement.

Must address the topic of the project with critical thought.

Must end with a conclusion that reaffirms your thesis.

Must use at least two scholarly sources, in addition to the text.

Must document all sources in APA style, as outlined in the Ashford Writing Center.

Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

11-8:

Presented below are the closing entries for Lee College, a private not-for-profit, for the year ended December 31, 2014.

Debits

Credits

Revenues-Unrestricted-Tuition and Fees

$11,000,000

Revenues-Unrestricted-Unrestricted Income on Endowment Investments

40,000

Revenues-Unrestricted-Sales and Services of Auxiliary Enterprises

5,500,000

Revenues-Unrestricted-Contributions

100,000

Reclassifications to Unrestricted Net Assets-Satisfaction of Program Restrictions

720,000

Reclassifications to Unrestricted Net Assets-Satisfaction of Plant Acquisition Restrictions

1,080,000

Net Assets-Unrestricted

110,000

Tuition Discount-Unrestricted-Student Aid

$375,000

Instruction Expense

7,000,000

Research Expense

4,500,000

Public Service Expense

1,200,000

Institutional Support Expense

1,600,000

Student Services Expense

150,000

Auxiliary Enterprise Expense

3,725,000

Revenues-Temporarily Restricted-Contributions

1,500,000

Revenues-Temporarily Restricted-Grants

970,000

Reclassifications From Temporarily Restricted Net Assets-Satisfaction of Program Restrictions

720,000

Reclassifications from Temporarily Restricted Net Assets-Satisfaction of Plant Acquisition Restrictions

1,080,000

Net Assets-Temporarily Restricted

670,000

Revenues-Permanently Restricted-Contributions

2,540,000

Gains on Long-Term Investments

750,000

Net Assets-Permanently Restricted

3,290,000

Assume the January 1, 2015, net asset balances are as follows: $1,000,000 unrestricted net assets; $300,000 temporarily restricted net assets; and $1,760,000 permanently restricted net assets.

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