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Using below trial balance, create a Statement of Financial Position, Statement of Activities and Statement of Cash Flows Trial Balance as of 12/31/18 Debit Credit
Using below trial balance, create a Statement of Financial Position, Statement of Activities and Statement of Cash Flows
Trial Balance as of 12/31/18 Debit Credit $156,500 41,000 Cash Pledges Receivable-Without Donor Restrictions Estimated Uncollectible Pledges Inventory Investments Furniture and Equipment Accumulated Depreciation-Furniture and Equipment Accounts Payable Net Assets Without Donor Restrictions Net Assets With Donor Restrictions-Programs Net Assets With Donor Restrictions-Permanent Endowment Contributions-Without Donor Restrictions Contributions-With Donor Restrictions-Programs Investment Income-Without Donor Restrictions Depreciation Expense Printing and Publishing Expense Rent and Utility Expense Salaries and Fringe Benefit Expense Supplies Expense Telephone and Postage Expense Utilities Expense Totals $4,100 2,800 178,000 210,000 120,000 20,520 196,500 50,500 140,000 378,820 38,100 11,200 30,000 4,190 32,000 288,410 5,940 4,500 6,400 959,740 $959,740Step by Step Solution
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