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Accounting Tutorial › Without Fund Accounting

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Statement of Changes in Net Assets
For the Year Ending December 31, 2000

  Invested in capital assets Restricted by endowments Unrestricted 2000 Total 1999 Total
Balance at beginning of year $170 $- $600 $770 $450
Excess of revenues over expenses (50) - 295 245 320
Investment in capital assets 5 - (5) - -
Endowments Contributions - 10,200 - 10,200 -
Interest added to Endowments - 125 - 125 -
Balance at end of year $125 $10,325 $890 $11,340 $770

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