Northern State University had the following account balances for the year ended and as of June 30,2012.Debits are not distinguished from credits,so assume all accounts have a "normal" balance.
Required:
Prepare,in good form,a Statement of Revenues,Expenses,and Changes in Net Assets for Northern State University for the year ended June 30,2012.

Question

Northern State University had the following account balances for the year ended and as of June 30,2012.Debits are not distinguished from credits,so assume all accounts have a "normal" balance.
  Required:
 Prepare,in good form,a Statement of Revenues,Expenses,and Changes in Net Assets for Northern State University for the year ended June 30,2012.

Quizplus · Accepted Answer

The Answer of Northern State University had the following account balances for the year ended and as of June 30,2012.Debits are not distinguished from credits,so assume all accounts have a "normal" balance.
  Required:
 Prepare,in good form,a Statement of Revenues,Expenses,and Changes in Net Assets for Northern State University for the year ended June 30,2012.

Northern State University Had the Following Account Balances for the Year