Journal entry worksheet Note: Enter debits before credits. Protect Purple Plants (PPP) uses the deferral method of accounting for contributions and has no separate fund for restricted contributions. On January 1, Year 6 , PPP received its first restricted cash contribution $120,000 for the purchase and maintenance of land and a greenhouse building for its rare purple plant collection. On July 1, Year 6, PPP acquired land and a building for $22,000 and $80,000 cash, respectively. The building has an estimated useful life of 20 years and zero residual value. On December 31 , Year 6 , the remaining $18,000 cash was paid to KJ Maintenance Ltd. for a three-year maintenance contract that requires KJ personnel to provide maintenance services four days per month until December 31, Year 9. Required: Prepare the journal entries for the following dates: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) (i) January 1, Year 6 (ii) July 1, Year 6 (iii) December 31, Year 6 including year-end adjusting entries Journal entry worksheet Record amortization expense on building. Note: Enter debits before credits. Journal entry worksheet Record maintenance expenses paid in advance. Note: Enter debits before credits. Journal entry worksheet Record purchase of land and building. Note: Enter debits before credits. Journal entry worksheet Record expensing of building amortization. Note: Enter debits before credits. Assessment Tool iFrame try worksheet 56 Record receipt of 1st restricted cash contribution. Note: Enter debits before credits