The Franklin Public Library received a restricted contribution of $300,000 in 2012. The donor specified that the
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Prepare the journal entries necessary to record these events during 2012. Indicate the fund in which each journal entry is recorded.
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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