Question: Exercise 4.4 Make a statement of cash flows, a statement of activities (profit and loss summary), and a statement of financial position (balance sheet) for

 Exercise 4.4 Make a statement of cash flows, a statement of

Exercise 4.4 Make a statement of cash flows, a statement of activities (profit and loss summary), and a statement of financial position (balance sheet) for the Portland After School Program for the second six months of operation. Follow the formats shown in Tables 4.6, 4.7, and 4.8

Financial Management for Human Service Administrators- Lawrence L. Martin

activities (profit and loss summary), and a statement of financial position (balancesheet) for the Portland After School Program for the second six monthsof operation. Follow the formats shown in Tables 4.6, 4.7, and 4.8

Portland After School Program Trial Balance Dec 31, 20Xx Debit Credit Net Assets 5 75, 250 Cash 5 42,500 Art & Craft Supplies S 1, 500 Accounts Receivable* 3,000 REVENUE 5 58, 000 Investments S 7,000 Expenses $ 79, 250 $133, 250 $133 , 250

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