| Return Reference | Explanation |
|---|---|
| Schedule O: | Form 990EZ, Part 1, Line 16 - Other Expenses EXPENSES Advertising $9,811 Licenses $10 Dues $1,320 Office $594 Insurance $375 Contributions $5,850 FUTA Fee (short pay + fees) $13 Total $17,973 Form 990EZ, Part 1, Line 20 NET ASSETS Correction to Payroll Liability GL account from Payroll Expense GL account by $6,426. Error occurred when Quickbooks was set up in 2022 from scratch. Quarterly Payroll was being Expensed by mistake, instead of applying to Liability account. Did not figure it out until now. Reversed checks, and re-processed with correct account. |
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