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Sports for Success is a not for profit organization that provides programming for young people. It is expanding with a new sports building. They want
Sports for Success is a not for profit organization that provides programming for young people. It is expanding with a new sports building. They want to start a bit of the construction before they go out and collect money for the building. They have yet to hire a new controller and asked for volunteers to help them get through the next few months. You volunteer. t is critical to be sure the organization can pay bills and salaries on time. Sports for Success gives you the expected cash receipts, cash disbursements and expense information below: October November December $10,000 $20,000 $25,000 Monthly cash receipts from membership Cash disbursement for salaries $7,500 $7,500 0,000 $3,000 $5,000 $15,000 Cash disbursement for miscellaneous expenses Depreciation on equipment $2,000 $2,000 $2,000 $24,000 $10,000 $7,500 Construction expenses
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