Camp Fees Acc

Description N$ Date
Description
Income Statement 25000 Bank

25000
###

Grants Received
Description N$ Date
Description
Income Statement a/c 27500 Foundation
Other Grants/Bank
Government Grants
Other donors

27500
Grants receivable 20000

Loan
Description N$ Date
Description
balance c/d 5000 Bank

balance b/d

Bank
Description N$ Date
Description
Camp fees 25000 utilities
O~ther grants 3000 salaries
Other donors 4500 Food & supplies
Balance c/d 2450 Insurance
Telephone
Printing & postage (3500-1500)

34950

Description N$ Date
Description
N$ N$ N$
25000 Income 52500
Camp Fees 25000
Grants/Donations 27500
25000
Expenses 35400
Utilities 2000
N$ Salaries 20000
10000 Food & Supplies 6000
3000 Insurance (4200-1050) 3150
10000 Telephone 750
4500 Printing & Postage 3500

27500 Net Income 17100

N$ ASSETS N$ N$
5000 Fixed Assets 20000
Current Assets 23627
Grant Receivables 20000
Prepaid Insurance 1050
5000 Cash on Hand 127
Bank 2450
TOTAL ASSETS 43627
N$
2000 Current Liabilities 1500
20000 Printing & Postage Accrued 1500
6000
4200 Non-Current Liabilities 5000
750 Loan: President Grant 5000
2000
Accumulated Fund 20027
Capital 20027
34950 Net Income 17100
TOTAL EQUITY & LIABILITIES 43627
N$