How to place this information into a statement of financial performance below Pineapple Industry Association Statement of Financial Performance For the Year Ended December 31, 2021 Revenue Dividends received from equity investments 10,000 Service Charge on loans to beneficiaries 70,400 Gross margin on sale of pineapples 367,308 Interest on Loans to Members 7,400 Interest on investments 14,700 Miscellaneous Income 60 Membership Fees 100,020 Grants Received 50,000 Grants to farmers 350,000 Donations received 10,000 Penalties and Fines for breach of Association rules 330
How to place this information into a statement of financial performance below
Pineapple Industry Association Statement of Financial Performance For the Year Ended December 31, 2021
Revenue Dividends received from equity investments 10,000
Service Charge on loans to beneficiaries 70,400
Gross margin on sale of pineapples 367,308
Interest on Loans to Members 7,400
Interest on investments 14,700
Miscellaneous Income 60
Membership Fees 100,020
Grants Received 50,000
Grants to farmers 350,000
Donations received 10,000
Penalties and Fines for breach of Association rules 330
Cost of Seminars for Farmers 7,000
Royalties for use of lands 4,000
Warehouse Storage 6,000
General Cleaning & Sanitation 500
Property Rates 1,000
Accounting and Consultation Cost 5,000
Advances to Staff 680
Step by step
Solved in 3 steps with 2 images
Prepare a