The Ombudsman Foundation is a private not-for-profit
organization providing training in dispute resolution and conflict
management. The Foundation had the following preclosing trial
balance at December 31, 2020, the end of its fiscal year:
Trial Balance—December 31, 2020
Debits
Credits
Accounts payable
$
25,100
Accounts receivable (net)
$
47,700
Accrued interest receivable
16,700
Accumulated depreciation
3,459,300
Cash
117,300
Contributed services
27,000
Contributions—no restrictions
2,446,000
Contributions—purpose restrictions
796,000
Contributions—endowment
2,122,700
Current pledges receivable
80,800
Education program expenses
1,538,100
Fund-raising expenses
124,300...