Question

Budget:
Refer to the Trial Balance tab to prepare your budget.

1. You anticipate a 10% increase in Contributions - Without Donor Restrictions. Contributions With Donor Restrictions - Program is anticipated to increase by 15%.

2. Income from investments is projected at 7%.

3. Assets are depreciated using the straight-line method and no increase is projected over

   last year.

4. A 3% increase is scheduled for Salaries and Fringe Benefit Expenses.

5. All other expenses are anticipated to increase by 5%.

Your Non-Profits Name
Trial Balance
as of 12/31/18
	Debit	Credit
Cash	$156,500
Pledges Receivable—Without Donor Restrictions	41,000
Estimated Uncollectible Pledges		$4,100
Inventory	2,800
Investments	178,000
Furniture and Equipment	210,000
Accumulated Depreciation—Furniture and Equipment		120,000
Accounts Payable		20,520
Net Assets Without Donor Restrictions		196,500
Net Assets With Donor Restrictions—Programs		50,500
Net Assets With Donor Restrictions—Permanent Endowment		140,000
Contributions—Without Donor Restrictions		378,820
Contributions—With Donor Restrictions—Programs		38,100
Investment Income—Without Donor Restrictions		11,200
Depreciation Expense	30,000
Printing and Publishing Expense	4,190
Rent and Utility Expense	32,000
Salaries and Fringe Benefit Expense	288,410
Supplies Expense	5,940
Telephone and Postage Expense	4,500
Utilities Expense	6,400
Totals	$959,740	$959,740

Your Non-Profits Name
Budget
January 1, 2019 - December 31, 2019
	YTD Actual	Budget
	2018	2019
Contributions—Without Donor Restrictions
Contributions—With Donor Restrictions—Programs
Investment Income—Without Donor Restrictions
Depreciation Expense
Printing and Publishing Expense
Rent and Utility Expense
Salaries and Fringe Benefit Expense
Supplies Expense
Telephone and Postage Expense
Utilities Expense
Change in Net Assets	$0	$0

Answer 1