Question: Please Only use the accounts from the selection on the last picture. Please all the light blue windows need to be filled out with the



Preparation of journal entries for a not-for-profit organization The Dubois Boosters is a not-for-profit organization that supports the Dubois White Caps baseball team in the summer Cape Cod League for college-aged baseball players. During the year, the organization recorded a number of financial activities. Prepare journal entries for each of the following activities: a. The organization recognized the following support and revenues (the contributions are all on account and the investment returns are in cash): Support-contributions (without donor restrictions) $1,210,000 Support-contributions (with donor restrictions) 130,000 Revenues-investment (without donor restrictions) Revenues-investment (with donor restrictions) 8.280 30,720 General Journal Description Debit Credit Cash 0 Support-contributions (without donor restrictions) Support-contributions (with donor restrictions) 0 0 0 0 0 0 0 0 0 0 0 0 Revenues-investment (without donor restrictions) b. Dubois Boosters recognized program expenses of $1,020,000 and expenses related to support activities of $148,000, both on account. Of the program expenses, $80,000 was paid from net assets with donor restrictions and used in compliance with the donor's stipulations. Expenses-program Description Debit Credit 0 0 0
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