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Prepare a balance sheet for Freedom Non-Profit Organization as follows: Freedom Non-Profit Organization Balance Sheet As of July 31, 2019 Wages/Salaries $960,597 Consultants 240,362 Office
Prepare a balance sheet for Freedom Non-Profit Organization as follows:
Freedom Non-Profit Organization | |
Balance Sheet | |
As of July 31, 2019 | |
Wages/Salaries | $960,597 |
Consultants | 240,362 |
Office Supplies & Expenses | 144,096 |
Rent (per year) | 876,223 |
Utilities | 26,305 |
Legal Fees | 23,043 |
Accounting Fees | 13,530 |
Telephone and Internet | 8,287 |
Insurance | 12,157 |
Bank Fees | 14,732 |
total earned revenue | 192,732 |
account receivable | 73,826 |
check/savings | 573,532 |
grants receivable | 12,523 |
prepaid expenses | 21,872 |
Capital Asset | 265,201 |
Account Payable | 35,064 |
Bank Loan | 736,272 |
Petty Cash | 35,000 |
Miscellaneous Expense | 25,342 |
Interest Expense | 643 |
Equipment | 34,204 |
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