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Accounting Tutorial › With Restricted Funds

SpringTime
Statement of Operations and Changes in Fund Balances

For the Year Ending December 31, 2000

  Operating   Capital   Endowment
  2000   1999   2000   1999   2000   1999
Revenues                      
   Capital contributions $-   $ -   $300   $ -   $ -   $ -
   Endowment contributions -   -   -   -   10,200   -
   Interest -   -   -   -   125   -
   Spring Fling 600   500   -   -   -   -
   Unrestricted -   100   -   -   -   -
  600   600   300   -   10,325   -
   Flower Pin sales 250   450   -   -   -   -
   Cost of sales (100)   (150)   -   -   -   -
  150   300   -   -   10,325   -
  750   900   300   -   10,325   -
Expenses                      
   Administration 100   65   -   -   -   -
   Amortization -   -   110   100   -   -
   Interest -   -   55   65   -   -
   Spring Fling 300   400   -   -   -   -
  400   465   165   165   -   -
Revenues over expenses 350   435   135   (165)   10,325   -
Opening fund balances 450   15   720   885   -   -
Interfund transfers (100)   -   100   -   -   -
Ending fund balances $700   $450   $955   $720   $10,325   $ -

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