The Following Information Is Taken from the Accounting Records of Village

Essay

The following information is taken from the accounting records of Village Pet Shelter at December 31, 2014, the organization's year end:
1. The organization owned $50,000 in guaranteed investment certificates due June 30, 2015.
2. The Bank of Montreal chequing account balance was $4,566 after all adjusting entries had been made.
3. The Bank of Montreal savings account balance was $35,600 before recording $150 in December interest revenue.
4. The Bank of Nova Scotia Chequing account balance, after all adjustments, is $80,700. The funds in this account were donated by a private foundation for the purpose of purchasing new shelter furnishings, which they plan to do in February, 2015.
Instructions
Prepare a partial balance sheet for Village Pet Shelter at December 31 showing how this information should be presented.