Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts.
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- Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts as needed. Revenues Contribution revenues Net assets released from restrictions Total revenues CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Expenses Temporary shelter program Self-sufficiency program Fund raising Administration Total expenses Increase in net assets Net assets January 1 Net assets December 31 Net Assets without Donor Restrictions S 0 0 Net Assets with Donor Restrictions 82,000 19,500 101,500 $ (26,000) (26,000) Total $ 1,578,170 0 26,230 14,250 40,480 $ 0 1,578,170 1,025,000 362,600 7,600 74,740 1,469,940 108,230 33,750 141.980Amounts that come from accounts of unvested employees that can be directed/contributed to the accounts of other employees who participate and remain in the plan are known as what? Select one: a. Matching contributions b. Excess contributions c. Forfeitures d. Rollover contributionsA flood insurance rate map Specifies a designated floodplain management program for a community. Determines exact rates that insurers charge for flood coverage. Shows the exact boundaries for special flood hazard areas (SFHAs). Specifies the maximum amounts of insurance available under the programs.
- When it comes to a non-profit homeless shelter, what system works best for you?Please Help me with the journal enteries. I've attached the picture of question and the answer format. Thank You!The Village of Rebecca receives photocopy services from its central copy center operation. Which funds would be involved in this transaction? O A) Capital Projects Fund & Internal Service Fund. B) Agency Fund & Internal Service Fund. Agency Fund & General Fund. D) Internal Service Fund & General Fund.
- Describe the accounting treatmentA village ordered supplies for its Fire Department at an estimated cost of $15,030. The supplies were received with an invoice for $15,120. The village accepted the shipment and the invoice. Prepare journal entries to record these transactions in the General Fund. Note: Transactions should be classified as Public safety supplies. Note: Use Credit Vouchers payable when the expenditure is recorded. Journal Entry To record encumbrance for supplies ordered. To reverse encumbrance for supplies received. To record expenditure for supplies. Check Debit Credit 0 0 0 0 0 0 0 0 0 0 0 0Question: Describe the accounting treatment by hospitals and health care organizations for each of the following: (A) Charity Care (B) Bad Debts (C) Contractual Adjustments