How to calculate net assets at the beginning of the year for cells b29 and d29?

Question

How to calculate net assets at the beginning of the year for cells b29 and d29? (Include formula, please) File Home Insert Page Layout Formulas Data Review View PDF Tell mewh Verdana 10A A Wrap Text Perce Copy Format Painter Clipboard Font 823 8 SUPPORT AND REVENUE: 59.96%(4,771,172-1.7 10 Contributions of charitable gift anmuaities 11 Bequests 12 Investment incomenet 2,654,400 178,626 90.98% 32,436,803 1,0896 384.670 0.50 3.03% 241,245 27.38% 2,178,924 9,63% 766,580 | | 14 Total support and revenue 100.00% 7,957,921 100.00% 35,654,499 16 EXPENSES: 17 Program services 18 Management and general 19 Fundraising 95.80% 6,053,675 1 1 99.30% 34,754,236 1.36% 85,933 0.22% 75,499 2.84% 179,277 0.4896 168,316 21 Total expenses 100.00% 6.318.885 , 100.00% 34,998,051 CHANGE IN NET ASSETS BEFORE CHANGE IN UNREALIZED 23 APPRECIATION OF INVESTMENTS 24 1,639,036 656,448 CHANGE IN UNREALIZED 25 APPRECIATION OF INVESTMENTS 27 CHANGE IN NET ASSETS 1,963,815 1,084,607 29 NET ASSETS Beginning of year 30 31 NET ASSETS-End of year 32 34 9.245,913 7,282,098 35 NOTE: the denominator needs to be the same for all numbers; in this case, total support and reven 36 37. A. Common Size Balance Sheet A. Com. Size Activity Statement Ratios Parts B to C Ready

Explanation / Answer

although it should not be require to find the percentage of these in common activity statement .But if it is compulsory to find then we should take it in the percentage of net asset end of the year = value of net asset at begn / value of net asset at end * 100

change in net asset 21.24% 1963815 14.89% 1084607 net asset at begn of yr 78.76% 7282098 85.11% 6197491 net asset at end of yr 100.00% 9245913 100.00% 7282098

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