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please complete part a. - c. thank you!! The Ombudsman Foundation is a private not-for-profit organization providing training in dispute resolution and conflict management. The
please complete part a. - c. thank you!!
The Ombudsman Foundation is a private not-for-profit organization providing training in dispute resolution and conflict management. The Foundation had the following dreclosina trial halanma at n.wan providing training in dispute resolution Required: a. Prepare closing entries for the year-end, using separate entries for each net asset classification. b. Prepare a Statement of Activities for the year ended December 31, 2020. c. Prepare a Statement of Financial Position as of December 31, 2020. Journal entry worksheet Record the year-end closing entry for net assets without donor restrictions. Note: Enter debits before credits. Prepare closing entries for the year-end, using separate entries for each net asset classification. (If no entry transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet Record the year-end closing entry for net assets with donor restrictions. Note: Enter debits before credits. Prepare a Statement of A'ctivities for the year ended December 31, 2020. (Amounts to be deducted shou minus sign.) Prepare a Statement of Financial Position as of December 31, 2020. The Ombudsman Foundation is a private not-for-profit organization providing training in dispute resolution and conflict management. The Foundation had the following dreclosina trial halanma at n.wan providing training in dispute resolution Required: a. Prepare closing entries for the year-end, using separate entries for each net asset classification. b. Prepare a Statement of Activities for the year ended December 31, 2020. c. Prepare a Statement of Financial Position as of December 31, 2020. Journal entry worksheet Record the year-end closing entry for net assets without donor restrictions. Note: Enter debits before credits. Prepare closing entries for the year-end, using separate entries for each net asset classification. (If no entry transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet Record the year-end closing entry for net assets with donor restrictions. Note: Enter debits before credits. Prepare a Statement of A'ctivities for the year ended December 31, 2020. (Amounts to be deducted shou minus sign.) Prepare a Statement of Financial Position as of December 31, 2020 Step by Step Solution
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