Problem%2016-7-2

Problem%2016-7-2 - Problem 16-7 Organization Name Statement...

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Problem 16-7 Organization Name Statement of Activity For Fiscal Year 20X7 Changes in Unrestricted Net Assets Revenues and gains Contributions. ..................................................................................... 5,000,000 Special events . ................................................................................... 3,000,000 Less: Direct costs of special events . ................................................. 2,100,000 900,000 Membership dues . ............................................................................. 1,800,000 Investment income . ............................................................................ 3,000,000 Total revenue and gains . ............................................................. 10,700,000 Net assets released from restrictions *. ............................................... 11,700,000 Increase in unrestricted net assets . .............................................. 22,400,000 Expenses: Program Services: Research ($3,500,000 + $1,750,000). ......................................... 5,250,000
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This note was uploaded on 05/04/2011 for the course ACC 355 taught by Professor Smith during the Spring '11 term at ASU.

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Problem%2016-7-2 - Problem 16-7 Organization Name Statement...

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