Question: C D E F G 1 Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization. Upon completion prepare

C D E F G 1 Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization. Upon completion prepare a trial balance a m to The Scholarship for Hoosiers organization hosted its annual fundraiser and received $500k in contributions. Historically, they've collected 85% of what is promised The Scholarship for Hoosiers organization received investments valued at $200k An anonymous donor gave cash gifts of $300k indicating that the gift should be used for recipients from Tippecanoe county. Scholarships for Hoosiers paid their employee salaries for the month in the amount of $18,000 A local CPA volunteered his time to audit the financial statements for the NFP. It took him 20 hours and his normal hourly fee is $ 100/hour. Scholarships for Hoosiers awarded scholarships of $10,000 to Tippecanoe county residents and scholoarships of $60,000 to residents from other counties in Indiana. Part B: Prepare a trial balance 13 Part A: Prepare in good form the following journal entries: 14 GENERAL JOURNAL TRANSACTIONS 15 Preclosing Trial Balance June 30, 2019 With donor restrictions DEBIT CREDIT Account Name Without donor restrictions DEBIT CREDIT REF Account Name CREDIT DEBIT
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