Reck govt and non profit accounting

Assignment Help Accounting Basics

Reference no: EM13233454

Reck Gvt and Non Profit Accounting 16th Edition
prepare statement of activity for Weistein Musical Society from the following data Details
Admin Salaries 45
Cash Contributions Restricted for classical music appreciation program 250
Collections of unrestricted pledges from prior year 300
Depreciation Office Equipmnet 2
Depreciation Equipmnet Classical Music Appreciaiton Program 12
Depreciation Maestro Program 5
Fundraising Expenses 75
Investment Income 100
Material and supplies used Maestro Program 330
Payment of interest on not 22
Payment to retire long term note that matured during the year 250
Pledges during year (and outstanding at year end) to support Maestro 1200
Rent - Performance Halls - Professional Program 500
Salaries - Professional Programs 379
Teacher Salaries Classic Music Appreciation Program 23
Teacher Salaries Classic Music Appreciation Program 77
Temporarily restricted net assets 01/01/2015 1100
Ticket Sales - Performances of Musicians in the professional program 150
Unrestricted cash Contributions 800
Unrestricted net assets 01/01/15 320
Unrestricted pledges during year (and outstanding at year end) 540
Unrestricted earnings on investments and temporarily restrictedinvestments 58

Reference no: EM13233454

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