| WILSON STATE COLLEGE |
| Pre-closing Trial Balance |
| June 30, 2017 |
| (000s omitted) |
| | | Debits | | | Credits | |
| Cash and Cash Equivalents | $ | 3,643 | | | | |
| Investments | | 32,658 | | | | |
| Accounts Receivable | | 2,176 | | | | |
| Allowance for Uncollectible Receivables | | | | $ | 152 | |
| Due from State | | 88,341 | | | | |
| Inventories | | 964 | | | | |
| Cash and Cash EquivalentsRestricted | | 7,446 | | | | |
| InvestmentsRestricted | | 79,693 | | | | |
| Depreciable Capital Assets | | 186,560 | | | | |
| Accumulated Depreciation | | | | | 29,180 | |
| Nondepreciable Assets | | 90,504 | | | | |
| Accounts Payable | | | | | 2,333 | |
| Accrued Liabilities | | | | | 2,066 | |
| Unearned Revenue | | | | | 13,974 | |
| Compensated AbsencesCurrent Portion | | | | | 1,561 | |
| Bonds Payable | | | | | 93,496 | |
| Compensated Absences | | | | | 38,227 | |
| Net PositionNet Investment in Capital Assets | | | | | 161,093 | |
| Net PositionRestricted for Debt ServiceExpendable | | | | | 1,177 | |
| Net PositionRestricted for Capital ProjectsExpendable | | | | | 50,122 | |
| Net PositionRestricted for EndowmentNonexpendable | | | | | 40,649 | |
| Net PositionUnrestricted | | | | | 56,738 | |
| Tuition and Fees | | | | | 30,615 | |
| Tuition and Fees Discount and Allowances | | 7,695 | | | | |
| Grants and Contracts Revenue | | | | | 18,506 | |
| Auxiliary Enterprise Sales | | | | | 14,845 | |
| Investment Income | | | | | 1,775 | |
| State Appropriations | | | | | 45,664 | |
| Capital Appropriations | | | | | 13,005 | |
| Institutional Support Expenses | | 26,718 | | | | |
| Academic Support Expenses | | 59,807 | | | | |
| Scholarships and Fellowships Expense | | 8,429 | | | | |
| Depreciation Expense | | 6,705 | | | | |
| Interest Expense | | 416 | | | | |
| Auxiliary Enterprise Expenses | | 13,423 | | | | |
| | | | | | | |
| Totals | $ | 615,178 | | $ | 615,178 | |
| | | | | | | |
| Information on Cash and Cash Equivalents Activity | | | | | | |
| Beginning Cash Balance | $ | 9,115 | | | | |
| Received Tuition and Fees (net) | | 24,205 | | | | |
| Received Grants and Contracts | | 13,266 | | | | |
| Received from Auxiliary Enterprises | | 14,113 | | | | |
| Payments to Employees | | 59,691 | | | | |
| Payments to Vendors | | 22,261 | | | | |
| Payments to Students for Scholarships and Fellowships | | 7,857 | | | | |
| Received State Appropriations | | 40,899 | | | | |
| Received Capital Appropriations | | 21,058 | | | | |
| Purchase of Capital Assets | | 21,152 | | | | |
| Interest Paid on Debt | | 2,147 | | | | |
| Interest Income | | 1,541 | | | | |
| Prepare a statement of net position as of June 30, 2017. For the period, net position restricted for capital projects increased by $3,250, and net position restricted for debt service increased by $270; all bonded debt relates to capital assets. |
