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The Science Road Show (SRS) is a not-for-profit organization that puts on traveling science demonstrations throughout the state. SRS operates on a September 1-August 31 fiscal year. The organization began FY 2018 with the following account balances:
Cash 40.000
Grants Receivable 100,000
Inventory 4,000
Notes Payable50,000
Pledges Receivable, Net 10,000
PP&E, Net 75,000
Prepaid Rent 10,000
Unrestricted Net Assets 169,000
Wages Payable 20,000
The SRS recorded the following financial transactions during the FY 2018, which ended on August 31, 2018.
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