City of Rocky Basin Private-Purpose Trust Fund College Scholarship Fund Statement of Changes in Fiduciary Net Position For the Year Ended December 31, 2022 Additions: Contributions Investment earnings: Interest income Investment expenses Net investment income Total additions Deductions: Scholarship disbursements Administrative costs Total deductions Net increase in fiduciary net position Net position-beginning of year Net position-end of year X 4,500 146250 2250 ✔ $ 4500000 $ tA 0 x 1 × 148500 1 x 0✔ 1 x
City of Rocky Basin Private-Purpose Trust Fund College Scholarship Fund Statement of Changes in Fiduciary Net Position For the Year Ended December 31, 2022 Additions: Contributions Investment earnings: Interest income Investment expenses Net investment income Total additions Deductions: Scholarship disbursements Administrative costs Total deductions Net increase in fiduciary net position Net position-beginning of year Net position-end of year X 4,500 146250 2250 ✔ $ 4500000 $ tA 0 x 1 × 148500 1 x 0✔ 1 x
Chapter20: Income Taxation Of Trusts And Estates
Section: Chapter Questions
Problem 20P
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT