Question 3 Answer saved Marked out of 40.00 P Flag question Statement of activities for a nonprofit The following information was excerpted from the records of a nonprofit. All account balances are as of the fiscal year ended June 30, 2019, except for the net asset balances at the beginning of the year. Prepare a statement of activities for the nonprofit. Contribution revenue (without donor restrictions) $ 86,000 Contribution revenue (with donor restrictions) 80,000 Investment return, net (without donor restrictions) 5,000 Investment return, net (with donor restrictions) 15,000 ExpensesProgram A 23,000 ExpensesProgram B 26,000 ExpensesManagement and general 4,000 Expenses-Fundraising 2,000 Net assets with donor restrictionsReclassifications out, Satisfaction of program restrictions 17,000 Net assets without donor restrictionsReclassifications in Satisfaction of program restrictions 17,000 Net assets at beginning of yearwithout donor restrictions 80,000 Net assets at beginning of yearwith donor restrictions | 180,000 Use a negative sign with your answer for "Net assets released from restrictions..." - when applicable. Otherwise do not use negative signs with your answers. Total Nonprofit Entity Statement of Activities Year Ended June 30, 2019 Without Donor With Donor Restrictions Restrictions Revenues and Other Support: Contributions Investments return (net) Net assets released from restrictions due to satisfaction of program restrictions Total revenues and other support Expenses: Program A Program B Management and general Fundraising Total expenses Change in net assets Net assets, beginning of year Net assets, end of year Previous Save Answers Next Question 3 Answer saved Marked out of 40.00 P Flag question Statement of activities for a nonprofit The following information was excerpted from the records of a nonprofit. All account balances are as of the fiscal year ended June 30, 2019, except for the net asset balances at the beginning of the year. Prepare a statement of activities for the nonprofit. Contribution revenue (without donor restrictions) $ 86,000 Contribution revenue (with donor restrictions) 80,000 Investment return, net (without donor restrictions) 5,000 Investment return, net (with donor restrictions) 15,000 ExpensesProgram A 23,000 ExpensesProgram B 26,000 ExpensesManagement and general 4,000 Expenses-Fundraising 2,000 Net assets with donor restrictionsReclassifications out, Satisfaction of program restrictions 17,000 Net assets without donor restrictionsReclassifications in Satisfaction of program restrictions 17,000 Net assets at beginning of yearwithout donor restrictions 80,000 Net assets at beginning of yearwith donor restrictions | 180,000 Use a negative sign with your answer for "Net assets released from restrictions..." - when applicable. Otherwise do not use negative signs with your answers. Total Nonprofit Entity Statement of Activities Year Ended June 30, 2019 Without Donor With Donor Restrictions Restrictions Revenues and Other Support: Contributions Investments return (net) Net assets released from restrictions due to satisfaction of program restrictions Total revenues and other support Expenses: Program A Program B Management and general Fundraising Total expenses Change in net assets Net assets, beginning of year Net assets, end of year Previous Save Answers Next
