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In the forum, provide links to the Income Statement and Balance Sheet that you have created for the following scenario:

You have been granted $100,000 for your project. The funding was Temporarily Restricted. The restrictions were that you had to use the full amount over a 3 year period and only for the specific project you applied for funding for. You can choose a project of your own organization’s in order to be able to accurately determine how that funding would be used. Note that funding cannot be used for any organizational expenses. It must be used for program specific expenses.


Use the Balance Sheet and Income Statement samples in the lecture to guide the creation of yours.


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