Jefferson Animal Rescue is a private not-for-profit clinic and shelter for abandoned domesticated animals, chiefly dogs and cats. At the end of 2011, the organization had the following account balances:

Debits Credits

Pledges receivable $ 3,800

Cash 24,700

Land buildings & equipment 41,000

Supplies inventory 4,000

Accounts payable $ 5,000

Accrued wages payable 500

Accumulated depreciation 19,300

Note payable to bank 25,000

Net assetstemporarily restricted:

for use in KDAC program 2,500

for purchase of capital assets 7,200

Unrestricted net assets 14,000

Total $ 73,500 $73,500

The following took place during 2012:

1.Additional supplies were purchased on account in the amount of

$16,050.

2.Unconditional (and unrestricted) pledges of support were received totaling $95,000. In light of a declining economy, 4 percent is expected to be uncollectible. The remainder is expected to be collected in 2012.

3.Supplies used for animal care amounted to $17,200.

4.Payments made on accounts payable amounted to $17,100.

5.Cash collected from pledges totaled $90,500.

6.Salaries were paid in the amount of $47,500. Included in this amount is the accrued wages payable at the end of 2011. (The portion of wages expense attributable to administrative expense is $15,000 and fund-raising expense is $2,000. The remainder is for animal care.)

7.Jefferson Animal Rescue entered an agreement with KDAC, Channel 7 News, to find more homes for shelter pets. This special adoption program highlights a shelter animal in need of a home on the evening news the first Thursday of each month. The program was initially funded by a restricted gift received in 2011. During 2012, Jefferson Animal Rescue paid $1,800 ($150 per month) for the production of the monthly videos. In December 2012, the original donor unconditionally pledged to sup- port the project for an additional 24 months by promising to pay $3,600 in January 2013 (all of this is expected to be collectible).

8.The shelter's building was partially financed by a bank note with an annual interest rate of 6 percent. Interest totaling $1,250 was paid during 2012. Interest is displayed asOtherChangesin the Statement of Activities.

9.Animal medical equipment was purchased during the year in the amount of $5,200. Funding came from a special capital campaign conducted in 2011.

10.Depreciation for the year amounted to $6,000. (The portion of depreciation expense attributable to administrative is $2,000, and the remainder is related to animal care.)

11.Unpaid wages relating to the final week of the year totaled $715 (all animal care).

Prepare a Statement of Activities, Statement of Financial Position, and Statement of Cash Flows for the year ending December 31, 2012.

Additional Information: I have the JEs all figured out I just don't know how to do the statements.

Here are the JEs to make if it will make it easier.

1 Supplies 16,050

Accounts Payable 16,050

2 Pledge Receivable 95,000

Estimated Uncollectible Pledges 3,800

Contribution Revenue Without Restrictions 91,200

3 Program Expense- Animal Care 17,200

Supplies 17,200

4 Accounts Payable 17,100

Cash 17,100

5 Cash 90,500

Pledge Receivable 90,500

6 Administrative Expense- Salary 15,000

Fundraising Expense- Salary 2,000

Animal Care Expense- Salary 30,000

Wages Payable 500

Cash 47,500

7 Program Expense- KDAC TV Program 1,800

Cash 1,800

Pledge Receivable 3,600

Contribution Revenue WithRestrictions 3,600

Reclassification from N/A with Restrictions 1,800

Reclassification to N/A w/o Restrictions 1,800

8 Administrative Expense- Interest 1,250

Cash 1,250

9 Land Buildings and Equipments- Animal Care 5,200

Cash 5,200

Reclassification from NA with Restrictions 5,200

Reclassification to NA w/o Restrictions 5,200

10 Administrative Expense- Depreciation 2,000

Animal Care Expense- Depreciation 4,000

Accumulated Depreciation 6,000

11 Wages Expenses- Animal Care 715

Wages Payable 715

Closing Entries

Contribution Revenue Without Restrictions 91,200

Reclassification to N/A w/o Restrictions 7,000

Net Assets Without Donor Restrictions 24,235

Administrative Expense 18,250

Fundraising Expense 2,000

Program Expense- Animal Care 51,915

Program Expense- KDAC TV Program 1,800

Contribution Revenue Without Restrictions 3,600

Net Assets With Donor Restrictions 1,800

Reclassification from N/A with Restrictions 1,800

Net Assets Without Donor Restrictions 5,200

Reclassification from N/A with Restrictions 5,200