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Solve the learning tree. Credit 5,000 115,000 10,000 1,000 2,000 3,000 Learning Tree Preclosing Trial Balance December 31, 2015 Unrestricted Current Fund Account Title Debit
Solve the learning tree.
Credit 5,000 115,000 10,000 1,000 2,000 3,000 Learning Tree Preclosing Trial Balance December 31, 2015 Unrestricted Current Fund Account Title Debit Cash 11,000 Contributions receivable 20,000 Investments 22,000 Allowance for uncollectible contributions Unrestricted support-contributions Unrestricted support-donated services Unrestricted revenue-investment income Unrestricted gains-unrealized investment gains Unrestricted asset reclassifications in- satisfaction of program restrictions Care of animals expense 50,000 Special programs expense 3,000 Administrative expenses 30,000 136.000 Learning Tree Preclosing Trial Balance December 31,2015 Restricted Current Fund Account Title Debit Cash 14,000 Temporarily support-contributions Temporarily restricted asset reclassifications 3,000 out-satisfaction of program restrictions 17.000 Learning Tree Preclosing Trial Balance December 31, 2015 Endowment Fund Account Title Debit Investments 47,000 Permanently restricted support-contributions Permanently restricted losses-unrealized 3,000 investment losses 50.000 136.000 Credit 17,000 17.000 Credit 50,000 50.000 With Donor Restrictions Revenues, Gains and Other Support: Contributions Donated services Investment income Realized/Unrealized investment gains(losses) Net assets released from restrictions: satisfaction of program restrictions Total Revenues, Gains and Other Support: Expenses: Care of animals expense Special programs expense Administrative expenses Total expenses Changes in net assets Net assets, beginning of year Net assets, end of yearStep by Step Solution
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