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ACC/380 Problem 11-8 - Final Project - LEE COLLEGE-Accounting for Governmental and Not-for-Profit Org. -ANSWER KEY

ACC/380 Problem 11-8 - Final Project - LEE COLLEGE-Accounting for Governmental and Not-for-Profit Org. -ANSWER KEY
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ACC/380 Problem 11-8 - Final Project - LEE COLLEGE-Accounting for Governmental and Not-for-Profit Org.

Assignments

Final Project - Focus of the Final Project

Review the financial information pertaining to Lee College in problem 11-8 on pages 357 and 358 of your text. Prepare the following:

1. A Statement of Activities using the format presented in Illustration 10-1.

2. A Statement of Unrestricted Revenues, Expenses, and Other Changes in Unrestricted Net Assets.

3. A Statement of Changes in Net Assets.

Your paper must:

1. Include both the completed financial statements and detailed analysis of the data provided.

2. Explain the process by which you completed the final statements and include any applicable supporting information computations and explanations.

3. Offer an in-depth analysis of the financial health of Lee College.

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