The not-for-profit organization Accountants Rule has a mission to promote the accounting profession in the local community. It is heavily supported by local accounting firms and businesses seeking to increase the number of individuals entering the profession. Following is the pre-closing trial balance for the organization.

Prepare a statement of activities for the organization for the year ended December 31, 2020. (Negative amounts should be indicated by a minus sign.)

Question

The not-for-profit organization Accountants Rule has a mission to promote the accounting profession in the local community. It is heavily supported by local accounting firms and businesses seeking to increase the number of individuals entering the profession. Following is the pre-closing trial balance for the organization.
  
Prepare a statement of activities for the organization for the year ended December 31, 2020. (Negative amounts should be indicated by a minus sign.)

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The Answer of The not-for-profit organization Accountants Rule has a mission to promote the accounting profession in the local community. It is heavily supported by local accounting firms and businesses seeking to increase the number of individuals entering the profession. Following is the pre-closing trial balance for the organization.
  
Prepare a statement of activities for the organization for the year ended December 31, 2020. (Negative amounts should be indicated by a minus sign.)

The Not-For-Profit Organization Accountants Rule Has a Mission to Promote