California Form 541-A - Trust Accumulation Of Charitable Amounts

Part IV Balance Sheets

Line 29 – Inventories for sale or use

Line 36 – Land, buildings, and equipment

Enter the amount of materials, goods, and

Attach a schedule of all land, buildings, and

Complete the balance sheets using the

supplies purchased or manufactured by the

equipment that are not held for investment

accounting method the trust uses in keeping

trust and held for sale or use in some future

purposes, such as the trust’s offices . List

its books and records .

period .

the cost or other basis of these assets,

All filers must complete columns (a) and (b) .

accumulated depreciation, and end-of-year

Line 30 – Prepaid expenses and deferred

book value .

Line 25 – Cash – non-interest bearing

charges

Enter the amount of cash on deposit in

Enter the amount of short-term and long-term

Line 37 – Other assets

checking accounts, deposits in transit,

prepayments of future expenses attributable

Enter the book value of any trust assets that

change funds, petty cash funds, or any

to one or more future accounting periods .

have not been reported on lines 25 through 36 .

other non-interest bearing accounts . Do not

Examples include prepayments of rent,

If more space is needed, attach a separate

include advances to employees or officers or

insurance, and pension costs .

schedule with a description of the asset, date

refundable deposits paid to suppliers or others .

acquired, and end-of-year book value .

Lines 31, 32, and 33 – Investments –

Line 26 – Savings and temporary cash

Liabilities

government obligations, corporate stocks,

investments

and corporate bonds

Enter the total of cash in savings or other

Line 39 – Accounts payable and accrued

Enter the book value (which may be market

interest-bearing accounts and temporary cash

expenses

value) of these investments . Attach a schedule

investments, such as money market funds,

Enter the total accounts payable to suppliers

that lists each security held at the end of

commercial paper, certificates of deposit, and

and others, and accrued expenses such as

the year and shows whether the security is

U .S . Treasury bills or other governmental

salaries payable, accrued payroll taxes, and

listed at cost (including the value recorded

obligations that mature in less than 1 year .

interest payable .

at the time of receipt in the case of donated

securities) or end-of-year market value . Do

Line 27 – Accounts receivable

Line 40 – Mortgages and other notes payable

not include amounts on line 26 . Government

Enter the total accounts receivable (reduced

Attach a schedule showing, as of the end of the

obligations reported on line 31 are those that

by the corresponding allowance for doubtful

year, the total amount of all mortgages payable,

mature in 1 year or more . Debt securities of

accounts) that arose from the sale of goods

and for each nonmortgage note payable,

the U .S . government may be reported as a

and/or the performance of services . Claims

the lender’s name and the other information

single total rather than itemized . Obligations

against vendors or refundable deposits with

specified in the line 28 instructions .

of state and municipal governments may

suppliers or others may be reported here if not

also be reported as a lump-sum total . Do not

Line 41 – Other liabilities

significant in amount . If significant in amount,

combine U .S . government obligations with

Enter the book value of any trust liabilities

report them (with any advances to employees

state and municipal obligations on the attached

that have not been reported on lines 39 or 40 .

or officers) on line 37, Other assets .

schedule .

If more space is needed, attach a separate

Line 28 – Notes and loans receivable

schedule with a description of the liability and

Line 34 – Investments – land, buildings, and

Enter the combined total of notes receivable

amount .

equipment

and net loans receivable (including receivables

Attach a schedule of all land, buildings,

due from officers, directors, trustees, and

and equipment that are held for investment

other disqualified persons) . In an attached

purposes, such as rental properties . List

schedule, show all of the following information

the cost or other basis of these assets,

(preferably in columnar format):

accumulated depreciation, and end-of-year

• Borrower’s name and title

book value .

• Original amount

Line 35 – Investments – other

• Balance due

Enter the amount of all other investment

• Date of note

holdings not reported on lines 31 through 34 .

• Maturity date

Attach a schedule describing each of these

• Repayment terms

investments held at the end of the year . List the

• Interest rate

cost, or other basis, and the end-of-year book

• Security provided by the borrower

value .

• Purpose of the loan

• Description and fair market value of the

consideration furnished by the lender

Page 2 Form 541-A Instructions 2014

California Form 541-A - Trust Accumulation Of Charitable Amounts - 2014 Page 4

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