This for FINANCIAL MANAGEMENT. This is ONE question so please answer all parts please thank you.
Financial Management Homework #7 Forever Friends Rescue 1. Forever Friends Rescue is a not-for-profit rescue shelter dedicated to helping rehabilitate and find homes for previously neglected dogs. The organization ended FY 2018 on December 31, 2018 with the following account balances (in alphabetical order): Accu Payable kah 15,000 Contracto Receivable 9.000 Lepment 125,000 mory Net As 0 Nova $0,00 Plodres Receive 8.500 Use the information above to fill in the beginning balances on the transactions worksheet. On the balance sheet, fill in the FY 2018 column by linking to the beginning balances on the transactions worksheet. On the transactions worksheet, record the following financial events, which Forever Friends Rescue experienced during FY 2019, as appropriate On the first day of the fiscal year, Forever Friends Rescue borrowed S11.500 from a bank The organization then used the loan to purchase S12,500 in new veterinary equipment, The organization received a $7,500 contract payment from the city for services delivered in the previous fiscal year. The organization anticipates receiving the remaining amount due next fiscal year. w Forever Friends Rescue collected 90% of outstanding pledges camed in the previous fiscal year. The organization anticipates collecting the remaining 10% next fiscal year. The organization ordered and received $4,500 worth of supplies, as well as an invoice from the supplier The organization sent its suppliers a check for $6,500 w On the last day of the fiscal year, Forever Friends Rescue signed a contract to purchase an additional $3,000 in veterinary equipment. Calculate the ending balances and then fill in the FY 2019 column of the balance sheet by linking to the ending balances on the transactions worksheet. nework #/ Forever Friends Rescue 1. Forever Friends Rescue is a not-for-profit rescue shelter dedicated to helping rehabilitate and find homes for previously neglected dogs. The organization ended FY 2018 on December 31, 2018 with the following account balances (in alphabetical order): Accounts Payable 11,350 Cash 13,000 Contracts Receivable 9,000 Equipment 125,000 Inventory 4,2001 Net Assets 98,350 Notes Payable 50,000 Pledges Receivable 8,500 a) Use the information above to fill in the beginning balances on the transactions worksheet