InstructionsAssignment attached
Classification: Protected A Assignment 1A: Stratford House Stratford House is a non-profit organization that operates an emergency shelter for women and their children in Vancouver. Stratford House earns fee income by providing presentations and information sessions on domestic abuse at workplaces, in schools and for other groups. In addition, the organization also receives government grants and generates some fundraising income each year. Stratford House was incorporated with help from a wealthy private citizen and is governed by a volunteer board. The organization started operations on July 1 2015 . Stratford House: Chart of Accounts Assets Income 101 Cash 401 Fee Income 102 Accounts Receivable - Fees 402 Donations/Pledges Income 103 Accounts Receivable - Donations 403 Government Grant Income 104 Accounts Receivable - Grants 105 Equipment/Furniture Expenses 106 Accumulated Depreciation - Equip/Furn 501 Wages Expense 107 Vehicle 502 Rent Expense 108 Accumulated Depreciation - Vehicle 503 Utilities Expense 109 Prepaid Rent 504 Supplies Expense 110 Prepaid Insurance 505 Insurance Expense 111 Supplies 506 Vehicle Expense 507 Depreciation Expense - Equip/Furn. Liabilities 508 Depreciation Expense - Vehicle 201 Accounts Payable 509 Bad Debt Expense 202 Wages Payable 510 Tax Expense 203 Taxes Payable 204 Unearned Income Equity 301 Retained Earnings 302 Withdrawals The following events occurred during the first three months of operation: Date Transaction Description July 1 A wealthy philanthropist provided $210,000 to Stratford House , which was distributed to the organization into the following: a large van costing $37,000 , furniture and small appliances (equipment) worth $29,000 and the remaining balance in cash. Classification: Protected A July 1 The organization paid $21,000 in advance for three months' rent, of $7,000 per month. July 2 The organization paid $6,000 in advance for three months' insurance of $2,000 per month. July 4 $3,275 in supplies were purchased, on account, from Emergency Services Supplies. July 9 The first clients, fleeing from domestic abuse, accessed the shelter. July 14 A local fundraising event raised $6,700 for Stratford House . July 16 $110 in gasoline was bought on account from Exxen Service Station. July 21 The Board approved the hiring of two temporary staff, at the rate of $19.75 per hour for a 40 hour week. The staff will commence work on July 31 July 27 Sent an invoice to the British Columbia School Board for payment for a domestic violence presentation at a high school. The amount of the invoice was $6,500 , payment due upon receipt. July 30 Issued a cheque to Emergency Services Supplies for full payment of the account of $3,275 August 2 The van was repaired at a cost of $1,850 , the cost was charged on account at the Exxen Service Station. August 6 Invoiced BC Hydro $7,150 for a domestic violence in the workplace presentation at their head office. The invoice payment is due upon receipt. August 11 Purchased more supplies from Emergency Services Supplies. The new supplies cost $3,603 , which was paid on account. August 14 Paid wages to two new employees for their first two weeks of work, in the amount of $3,160 . August 18 Invoiced the City of Vancouver for several presentations to the public during Domestic Violence Awareness week. The invoice, whose payment is due upon receipt, was for $19,500 . Classification: Protected A August 20 Received $5,500 from the British Columbia School Board as payment of fees. August 24 A property tax notice was received, advising that $5,700 in taxes would be due on August 31. August 27 Issued cheques to Emergency Services Supplies and Exxen in the amounts of $2,950 and $1,800 , for payments on account. August 30 A cheque was issued to VanCity Utilities for payment of June and July utilities, for $8,500 . August 30 Wages of $3,476 for the last two weeks were paid to employees. September 2 Received $7,150 from the BC Hydro as payment of fees. September 6 A past due notice was mailed to the British Columbia School Board regarding their account. September 8 Several donation cheques arrived in the mail, related to the Domestic Violence Awareness Week campaign. The total donations received equaled $8,580 . September 11 $2,900 of supplies were bought from Emergency Services Supplies, on account. September 16 Wages of $3,165 for the first two weeks of September were paid to employees. September 16 Received $1,000 from the British Columbia School Board as payment of fees. September 19 Invoiced Enacten Ltd. $4,500 for a domestic violence in the workplace presentation. The invoice payment is due upon receipt. September 20 Received $10,500 from the City of Vancouver as payment of fees. September 22 The bookkeeper has noted that additional wages of $348 are owed to one of the temporary staff who was terminated today. September 25 The Government of BC announced that it would provide additional grant income of $35,000 to the organization. September 26 Received a cheque of $7,500 , in advance, from the City of Surrey to provide a 2-day domestic violence presentation to various groups of city workers. Classification: Protected A September 27 Wages of $3,160 for the last two weeks of August were paid to employees. September 29 Cheque for $348 was issued to pay the wages of the terminated staff. Instructions: Prepare the general journal for the above transactions and then post the transactions to a general ledger. Finally, prepare an unadjusted trial balance for the organization as at September 30 2015 . Use Excel for all of this work, to assist with your accuracy. Excel formats for the journal and ledger are included on Blackboard Learn. You may build your own journal and ledger if you wish, as long as you use Excel. Prepare the unadjusted trial balance to an appropriate business standard.