(Solved by Humans)-You are to use this information to prepare the statement of
Question
?You are to use this information to prepare the statement of activities for the Community Society for 2011 (use the tab marked "Statement of Activities")
Use the data and following the instructions contained on the "Data-Instructions" tab
Prepare the Statement of Activities as directed on the "Statement of Activities" tab
The following information was taken from the accounts and records of the Community Society, a non-governmental not-for-pro
The balances are as of December 31, 2011 (the end of the fiscal year) unless otherwise stated:
Unretricted support - contributions
Unrestricted support - membership dues
Unrestricted revenues - investment income
Temporarily restricted gain on sale of investments
Expenses - education
Expenses - research
Expenses - fund-raising
Expenses - management and general
Restricted support - contributions
Restricted revenues - investment income
Permanently restricted support - contributions
Unrestricted net assets, January 1, 2011
Temporarily restricted net assets, January 1, 2011
Permanently restricted net assets, January 1, 2011
$3,000,000
400000
83000
5000
300000
2300000
223000
117000
438000
22500
37000
435000
5000000
40000
The unrestricted support from contributions was all received in cash during the year. Additionally, the society received pledges
during 2012, except for the estimated uncollectable portion of $16,000. The society spent $3,789,000 of restricted resources o
expenses were for research financed from restricted donations.
You are to use this above information to prepare the statement of activities for the Community Society for 2011 (use the tab m
n-governmental not-for-profit organization.
he society received pledges totaling $425,000. The pledges should be collected
00 of restricted resources on contruction of a major facility during 2011, and $500,000 of research
ety for 2011 (use the tab maked "Statement of Activities")
Statement of Activities
Community Society
for the year ended December 31, 2011
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