The following are the x transactions of the Midwest Heart Association, which has the following funds and fund balances on January times :
Net assets without donor restrictions
Net assets with donor restrictions
Had Unrestricted pledges totaling $ of which $ is for and uncollectible pledges estimated at percent.
Had restricted use grants totaling $
Collected a total of $ of current pledges and wrote off $ of remaining uncollected current pledges.
Purchased office equipment for $
Used unrestricted funds to pay the $ mortgage payment due on the buildings.
Received interest and dividends of $ on unrestricted investments and $ on temporarily restricted investments. An endowment investment with a recorded value of $ was sold for $ resulting in a realized transaction gain of $ A donorimposed restriction specified that gains on sales of endowment investments must be maintained in the permanently restricted endowment fund.
Recorded and allocated depreciation as follows:
tableCommunity services,$
