|
Bayfield Community Health Care Association |
|||||
|
Unrestricted |
|
Restricted |
|
||
|
Cash |
11,000 |
29,000 |
|||
|
Bequest Receivable |
|
|
5,000 |
||
|
Pledges Receivable |
12,000 |
||||
|
Accrued Interest Receivable |
1,000 |
||||
|
Investments (at cost, which |
|
|
|||
|
approximates market) |
140,000 |
||||
|
Endowment Investments |
|
|
250,000 |
||
|
Accounts Payable and Accrued Expenses |
|
50,000 |
1,000 |
||
|
Refundable Deposits |
|
2,000 |
|||
|
Allowance for Uncollectible Pledges |
|
3,000 |
|||
|
Net Assets, July 1, 20X6: |
|
|
|||
|
Designated, Unrestricted |
|
12,000 |
|||
|
Undesignated, Unrestricted |
|
26,000 |
|||
|
Temporarily Restricted |
|
|
3,000 |
||
|
Permanently Restricted |
|
|
250,000 |
||
|
Endowment Revenue—Temporarily Restricted |
|
|
|
20,000 |
|
|
Contributions |
|
300,000 |
15,000 |
||
|
Membership Dues |
|
25,000 |
|||
|
Program Service Fees |
|
30,000 |
|||
|
Investment Income |
|
10,000 |
|||
|
Auction Proceeds |
|
42,000 |
|||
|
Auction Expenses |
11,000 |
||||
|
Deaf Children’s Program |
120,000 |
||||
|
Blind Children’s Program |
150,000 |
||||
|
Management and General Services |
49,000 |
||||
|
Fund-Raising Services |
9,000 |
||||
|
Provision for Uncollectible Pledges |
2,000 |
||||
|
Reclassification In—Satisfaction of |
|
|
|
||
|
Program Restrictions |
|
5,000 |
|||
|
Reclassification Out—Satisfaction of |
|
|
5,000 |
||
|
Program Restrictions |
505,000 |
505,000 |
289,000 |
289,000 |
|
1. Prepare a statement of activities for the year ended June 30, 20X7.
2. Prepare a statement of financial position as of June 30, 20X7.