How to Read Nonprofit Financial Statements by Andrew S. Lang & Lee Klumpp & William D. Eisig & Tammy Ricciardella
Author:Andrew S. Lang & Lee Klumpp & William D. Eisig & Tammy Ricciardella
Language: eng
Format: epub
ISBN: 9781118976692
Publisher: Wiley
Published: 2017-03-06T00:00:00+00:00
Locate the (1) Statements of Financial Position, (2) the Statements of Activities, and (3) the Statements of Cash Flows: How much are total assets on December 31, 2016? $2,755,165.
How much cash (and cash equivalents) did the organization have on December 31, 2016? Which two statements can you use to obtain this information? $765,827. Statements of Financial Position and Statements of Cash Flows.
How much are total liabilities on December 31, 2016? $748,068.
How much are total unrestricted net assets on December 31, 2016? $257,097.
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