Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of
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CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2012 Temporarily Permanently Unrestricted Restricted Restricted Total Revenues Contribution revenues Net assets released from restriction $1,564,310 (25,000) Total Revenues Expenses Temporary shelter program Self-sufficiency program 1,564,310 1,030,500 353,000 12,600 78,900 1.475,000 6,250 89,310 31,850 $121,160 Administration Total Expenses Increase in net assets Net assets January 1 Net assets December 31 81,000 18,000 99,000 2,060 1,200 3,260 12,650 18,900
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
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