Business
Business, 22.04.2020 00:10, admierewebb

The not-for-profit organization Accountants Rule has a mission to promote the accounting profession in the local community.

It is heavily supported by local accounting firms and businesses seeking to increase the number of individuals entering the profession.

Following is the pre-closing trial balance for the organization:

Debit Credit
Cash and cash equivalents $985
Investments 2,605
Pledges receivable 830
Allowance for uncollectable pledges $35
Accounts payable and accrued liabilities 1,090
Unrestricted net assets 1,267
Temporary restricted net assets 2,148
Contributions unrestricted 3,460
Contributions temporarily restricted 1,720
Interest income-unrestricted 55
Net assets released-satisfaction of program restriction, unrestricted 1,850
Net assets released-satisfaction of program restriction, temporarily restricted 1,850
Outreach expenses 2,800
College recruitment expense 1,955
Management and general expenses 425
Fund raising expenses 175
Total $11,625 $11,625
Required:

In good form, prepare a Statement of Activities for the organization for the year ended December 31, 2017.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 17:10, jasonweber8718
Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for manufacturing overhead for the month?
Answers: 1
image
Business, 22.06.2019 19:00, Anonymouslizard
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
image
Business, 22.06.2019 22:00, Suzispangler2264
Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?
Answers: 3
image
Business, 22.06.2019 23:30, glissman8459
What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?
Answers: 1
Do you know the correct answer?
The not-for-profit organization Accountants Rule has a mission to promote the accounting profession...

Questions in other subjects:

Konu
Mathematics, 08.11.2020 09:10
Konu
Social Studies, 08.11.2020 09:10