clipboard Font $\backslash ($ f$\_\{$x$\}\backslash )\backslash (\backslash$square $\backslash )$ JOURNAL ENTRIES These are the transactions that took place during Fiscal Year $2020$ Create a journal entry and a T$-$Account entry for each of the following tra ENTRIES R$.$ NO $1$ Vulcan Hospital purchased a new piece of medical equipment for $\backslash (\backslash$$ $150,000\backslash )$ cash $\backslash (\backslash$qquad $\backslash )$ Credit Inventory $\backslash [\backslash$$ $150,000\backslash ]2$ Vulcan Hospital received a $\backslash (\backslash$$ $750,000\backslash )$ donation from Mrs$.$ E$.$O$.$ The donation hat $10$ restriction $16\backslash$begin$\{$tabular$\}\{$cccc$\}$ Accounts & Debit & Credit $\backslash \backslash \backslash$hline Unrestricted Contnbutions & Cash & $750,000$ & $750,000\backslash \backslash$ & & $\backslash$end$\{$tabular$\}212223243$ Vulcan Hospital purchased a $2-$year malpractice policy for $\backslash (\backslash$$ $100,000\backslash )$ in cash. $2526\backslash$begin$\{$tabular$\}\{|$ccc$|\}$ & Accounts & Debit $\backslash \backslash \backslash$hline Cash & Prepaid Expense & $100,000\backslash \backslash \backslash$hline $\backslash$end$\{$tabular$\}$ Journal Entries Not$-$for$-$Profit Ledger Income Statement Balar Ready R$?$ Accessibility: Unavailable $\backslash (6\mathrm{.}62^\{\backslash$circ$\}$ F $\backslash )$ Search Ctear

Smith$\_$Nicole$\_$Spring$\_2020\_$MRA$\_$II$\_$Assignment$\_$Questions $-$ Compatibility M$...$ Last Modified: Sun at $3$:$45$ PM vv

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Please check to see if this is correct, and if not can you please explain and show me how to get right answer