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Problem 4. At the beginning of the year, Scenic Valley Health Services, a health and welfare not-for- profit entity, had the following Net Assets
Problem 4. At the beginning of the year, Scenic Valley Health Services, a health and welfare not-for- profit entity, had the following Net Assets balances: Net Assets: Without donor restriction With donor restriction $2,200,000 $760,000 During the year a number of transactions occurred. Using a 2-column schedule, show how each of the following transactions would affect the organization's two categories of Net assets. Show any reclassification necessary. Number each entry on your schedule to match the numbering below and provide a final total. Put your answers in order from 1 to 10. Do not net amounts together.
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