The Following Information Was Taken from the Accounts and Records

question 8

Essay

The following information was taken from the accounts and records of the Helping Hands Foundation,a private,not-for-profit organization classified as a VHWO.All balances are as of June 30,2011,unless otherwise noted.
The unrestricted support from contributions was received in cash during the year.The expenses included $1,350,000 paid from temporarily-restricted cash donations.
Required:
Prepare Helping Hands' Statement of Activities for the fiscal year ended June 30,2011.

---

Definitions:

Honesty and Fairness

Refers to the principles of being truthful and equitable in all actions and decisions.

Right and Wrong

Fundamental ethical concepts that define what is morally acceptable behavior and what is not.

Jaundice

A medical condition characterized by yellowing of the skin and eyes, often due to liver dysfunction or obstruction in the bile duct.

Newborn

An infant that is in its first few hours to weeks of life outside the uterus, requiring specific care and medical attention.