14-8 - a. Assets: Cash Pledges Receivable-Unrestricted...

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a. CHILDREN'S COUNSELING CENTER Statement of Financial Position For the Year Ended June 30, 2011 Assets: Cash 126,500 Pledges Receivable-Unrestricted 36,900 Invetory 2,800 Investments 178,000 Furniture and Equipment 50,000 Total assets 394,200 Liabilities: Accounts payable 13,520 Total liabilities 13,520 Net assets: Unrestricted 204,080 Temporarily restricted 76,600 Permanently restricted 100,000 Total net assets 380,680 Total liabilities and net assets 394,200 b. Counseling service Salaries and Fringe Benefit 114,564 Occupancy and Utility 15,360 Supplies 2,776 Printing and Publishing 1,676 Telephone and postage 1,400 Unrealized loss on investments 0 Depreciation 4,200 Total Expenses 139,976 c. CHILDREN'S COU Statement of For the Year End Revenue, gains and other support: Unrestricte Contributions 338,820 Investment income 9,200 Net assets released from restrictions-Temporar 22,000 Total revenues, gain and other support 370,020 Expenses and losses: Program service: Counseling services 139,976
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This note was uploaded on 10/31/2010 for the course ACCT 342 taught by Professor Kay during the Spring '10 term at Eastern New Mexico.

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14-8 - a. Assets: Cash Pledges Receivable-Unrestricted...

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