Question

SECTION II During 2018, the Memphis Humane Society, a voluntary health and welfare organization, received cash donations of $892,000 and membership dues of $62,000. A member of the Humane Society donated services valued at $8,000 that would otherwise have been performed by a paid staff member. A pet food manufacturer donated dog food valued at $16.400. The Humane Society received a gift of $140,000, to be used in building a new animal shelter. Also during 2018, investments held by the Humane Society earned interest of $2,000. Required: Prepare a schedule showing the amount that the Garfield Humane Society should have recorded for public support for 2012. Memphis Humane Society Schedule of Public Support For the Year Ended Dec. 31, 2018

Answer 1

Answel Page No ③ 11 Section ...a kottle Memph w umane Schedule ww ww www SUPPORC LANA A yer and ended dec. 31, 2018 Public Suppoort has unrestricted donations . Amount $ 892000 Particular Cash Donated Services Donated materials Gift for new animal shelter $ 8000 $16400 ,000 - Total $ 1056400