Kare Counseling Center spent and paid $86,504 to pay for/off Operating expenses, or paid $86,504 Operating expenses. Kare Counseling Centers paying $86,504 to pay for/off Operating expenses is an increase in Operating expenses, a type of expense, then causes a decrease in Cash, a current asset. As a result, $86,504 should look like ($86,504) to the right of Cash Paid for Operating Expenses. Do you notice the way I described why paying off the Operating Expenses causes a decrease in Cash?

Is there anyway you can explain why 2,000 for Unrealized gain on Investments a negative 2,000 on the Statement of Cash Flows in a similar way that I described Operating expenses and cash in the previous sentence, please?

In another example, if it said and/or was an Unrealized loss on Investments of $2,000 or positive $2,000, why would the $2,000 not have a negative symbol or parenthesis symbols on both sides of $2,000?

Since Kare Counseling Center received a Contribution-With donor restriction, or contribution in cash in $38,100, for the purchase of equipment, $38,100 is the ending balance of Contribution-With donor restriction at the end of June 30, 2020. Eventually, Kare Counseling Center spent and paid $38,100 to purchase equipment, a type of capital asset. Why must I enter $38,100 as positive $38,100 along the row that represents Investment in Capital Assets? Kare Counseling Center's originally receiving Contribution-With donor restriction, a current asset, in cash of $38,100 caused an increase in capital asset, then causes a increase in cash, a current asset. Is this why $38,100 should be $38,100 or positive $38,100 to the right of Investment in Capital assets, which will be underneath Proceeds from Contributions Restricted for:.?

(6.)-1 Required information [The following information applies to the questions displayed below.] The Kare Counseling Center was incorporated as a not-for-profit voluntary health and welfare organization 10 years ago. Its adjusted trial balance as of June 30, 2020, follows. Credits Debits $ 126,500 41,000 $ 4,100 2,800 178,000 210,000 Cash Pledges Receivable-Without Donor Restrictions Estimated Uncollectible Pledges Inventory Investments Furniture and Equipment Accumulated Depreciation-Furniture and Equipment Accounts Payable Net Assets Without Donor Restrictions Net Assets With Donor Restrictions-Programs Net Assets with Donor Restrictions-Permanent Endowment Contributions-Without Donor Restrictions Contributions-With Donor Restrictions-Programs Investment Income-Without Donor Restrictions Net Assets Released from Restrictions-With Donor Restrictions Net Assets Released from Restrictions-Without Donor Restrictions Salaries and Fringe Benefit Expense Occupancy and Utility Expense Supplies Expense Printing and Publishing Expense Telephone and Postage Expense Unrealized Gain on Investments Depreciation Expense Totals 120,000 20,520 196,500 50,500 140,000 348,820 38,100 9,200 22,000 22,000 288,410 38,480 6,948 4,190 3,500 2,000 30,000 $ 951,740 $ 951,748 1. Salaries and fringe benefits were allocated to program services and supporting services in the following percentages: counseling services, 40 percent, professional training, 20 percent, community service, 10 percent management and general, 20 percent; and fund-raising, 10 percent. Occupancy and utility, supplies, printing and publishing, and telephone and postage expenses were allocated to the programs in the same manner as salaries and fringe benefits. Depreciation expense was divided equally among all five functional expense categories. 2. The organization had $165,314 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $310,800 that was unrestricted and $38.100 that was restricted for the purchase of equipment for the center. It had $9,200 of income earned and received on long-term investments. The center spent cash of $288.410 on salaries and fringe benefits, $22,000 on the purchase of equipment for the center, and $86,504 for operating expenses. Other pertinent information follows: net pledges receivable increased $6,000 inventory increased $1.000. accounts payable decreased $102,594, and there were no salaries payable at the beginning of the year. 1 (9.) Based on Exercise Question 6-above on this homework assignment. d. Prepare a statement of cash flows for the year ended June 30, 2020. (List of cash outflows should be indicated by a minus sign.) Answer is complete and correct. KARE COUNSELING CENTER Statement of Cash Flows Year Ended June 30, 2020 Cash Flows from Operating Activities: Cash Received from Contributors Cash Received as Investment Income Cash Paid to Employees Cash Paid for Operating Expenses $ OOO 310,800 9,200 (288,410) (86,504) (54.914) (22,000) Net Cash Used for Operating Activities Cash Flows from Investing Activities: Purchase of Furniture and Equipment Cash Flows from Financing Activities: Proceeds from Contributions Restricted for: Investment in Capital Assets Net Increase in Cash 38,100 (38,814) 1. Salaries and fringe benefits were allocated to program services and supporting services in the following percentages: counseling services, 40 percent, professional training, 20 percent, community service, 10 percent management and general, 20 percent; and fund-raising, 10 percent. Occupancy and utility, supplies, printing and publishing, and telephone and postage expenses were allocated to the programs in the same manner as salaries and fringe benefits. Depreciation expense was divided equally among all five functional expense categories. 2. The organization had $165,314 of cash on hand at the beginning of the year. During the year, the center received cash from contributors: $310,800 that was unrestricted and $38.100 that was restricted for the purchase of equipment for the center. It had $9,200 of income earned and received on long-term investments. The center spent cash of $288.410 on salaries and fringe benefits, $22,000 on the purchase of equipment for the center, and $86,504 for operating expenses. Other pertinent information follows: net pledges receivable increased $6,000 inventory increased $1.000. accounts payable decreased $102,594, and there were no salaries payable at the beginning of the year. 1 (9.) Based on Exercise Question 6-above on this homework assignment. d. Prepare a statement of cash flows for the year ended June 30, 2020. (List of cash outflows should be indicated by a minus sign.) During the year, the center received cash from contributors: that was unrestricted and $38,100 that was restricted for the purchase of equipment for the center