Statement of Activity for a Nongovernmental, Not-for-Profit Organization
Selected information from the accounts of the Weinstein Musical Society, a nongovernment, not-for-profit organization for the year ended December 31, 20X5 is presented below. (All amounts are in thousands of dollars and all accounts have a normal balance):

All expenses of the Maestro and the Classical Music Appreciation Programs are payable from donor restricted resources.

$\underline{\text{ Requirement: }}$ Prepare the Statement of Activity for the Society

Question

Statement of Activity for a Nongovernmental, Not-for-Profit Organization
Selected information from the accounts of the Weinstein Musical Society, a nongovernment, not-for-profit organization for the year ended December 31, 20X5 is presented below. (All amounts are in thousands of dollars and all accounts have a normal balance):

All expenses of the Maestro and the Classical Music Appreciation Programs are payable from donor restricted resources.

$\underline{\text{ Requirement:  }}$ Prepare the Statement of Activity for the Society

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The Answer is <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1225/11eae778_6c6a_7851_a367_f9599e8ceecd_TB1225_00.jpg" alt="  Solution assumes that depreciation does not satisfy any restrictions on resources use." class="answers-bank-image d-block" rel="preload" > Solution assumes that depreciation does not satisfy any restrictions on resources use.

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Statement of Activity for a Nongovernmental, Not-For-Profit Organization
Selected Information $\underline{\text{ Requirement: }}$