An Adjusted Trial Balance Is Provided Below for the Dade

question 5

Essay

An adjusted trial balance is provided below for the Dade County copy services department at June 30,2011.
Required:
1.Prepare a statement of revenues,expenses and changes in net assets for the copy services department for the year ended June 30,2011.
2.Prepare a statement of net assets for the copy services department at June 30,2011.Assume all assets are not externally or internally restricted.

---

Definitions:

Organization

The structured arrangement of components, applicable to entities ranging from businesses to biological systems, to achieve specific goals or functions.

Assimilation

The cognitive process in which new information is absorbed and integrated into pre-existing knowledge structures and frameworks.

Sensorimotor Stage

The first of Piaget's stages of cognitive development, spanning from birth to about 2 years, where infants learn about the world primarily through sensory experiences and manipulating objects.

First Birthday

Marks the completion of one year since a child's birth, a significant milestone in development and growth often celebrated by families and caregivers.