VHWO, statement of activities. Whole Life Clinic is a VHWO that has three main programs: Drug rehabilitation Alcohol recovery Weight control Unrestricted public support received during the period was...


VHWO, statement of activities. Whole Life Clinic is a VHWO that has three main programs:


Drug rehabilitation


Alcohol recovery


Weight control


Unrestricted public support received during the period was $35,000; revenues from membership services were $12,000. The following expenses and allocations to program and supporting services are shown for 2019. Whole Life elects to release donor restrictions for property, plant, and equipment over the useful life of the asset.


Temporarily restricted net assets totaled $40,000 on January 1; the unrestricted net asset balance was $22,000. Prepare a statement of activities for the year.



May 02, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here