Senior Wellness Center is a voluntary health and welfare organization devoted to health education for the elderly. It has investments in its Restricted Fund, its Plant Fund, and its Endowment Fund. There are no restrictions on investment income or gains and losses in the endowment fund. On January 2, the organization decided to pool the investments of the three funds, and thereafter to maintain all investment account balances at market value.
Required:
Prepare a schedule of equities in pooled investments for the three funds at the end of the first two quarters.

Question

Senior Wellness Center is a voluntary health and welfare organization devoted to health education for the elderly. It has investments in its Restricted Fund, its Plant Fund, and its Endowment Fund. There are no restrictions on investment income or gains and losses in the endowment fund. On January 2, the organization decided to pool the investments of the three funds, and thereafter to maintain all investment account balances at market value.  
Required:
Prepare a schedule of equities in pooled investments for the three funds at the end of the first two quarters.

Quizplus · Accepted Answer

The Answer of Senior Wellness Center is a voluntary health and welfare organization devoted to health education for the elderly. It has investments in its Restricted Fund, its Plant Fund, and its Endowment Fund. There are no restrictions on investment income or gains and losses in the endowment fund. On January 2, the organization decided to pool the investments of the three funds, and thereafter to maintain all investment account balances at market value.  
Required:
Prepare a schedule of equities in pooled investments for the three funds at the end of the first two quarters.

Senior Wellness Center Is a Voluntary Health and Welfare Organization