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1. Cash donations without donor restrictions of $25,900 were received. A local philanthropist also contributed $3,900, which was to be used for the purchase of
1. Cash donations without donor restrictions of $25,900 were received. A local philanthropist also contributed $3,900, which was to be used for the purchase of Thanksgiving dinner foodstuffs. 2. A local grocery store provided fresh produce with a fair value of $1,000. The produce was immediately used. 3. Volunteers from the local university contributed 145 hours to preparation and serving of meals. The estimated fair value of their labor was $1,650. 4. The Kitchen received a $5,900 federal grant for the purchase of institutional kitchen appliances. 5. At Thanksgiving time, the Kitchen spent $5,000 on foodstuffs for preparation of the Thanksgiving dinner. Required Prepare journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) X Answer is not complete. General Journal Debit Credit No A Transaction 01 Allowance for Uncollectible Pledges-Without Donor Restrictions | 25,900 Accounts Payable 3,900 B 02 1,000 Allowance for Depreciation Accounts Payable 1,000 Allowance for Uncollectible Pledges-Without Donor Restrictions > 1,650 $ D 04 Allowance for Depreciation 5,900 X 5(a) Accounts Payable 15,800 5(b) Allowance for Uncollectible Pledges-Without Donor Restrictions $ 25,800 Journal entry worksheet A local groce produce was No Journal Entry Required Note: Enter debit Accounts Payable Allowance for Depreciation Allowance for Uncollectible Pledges-Without Donor Restrictions Transaction 02 1,000 Allowance for Depreciation Accounts Payable 1,000
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