11. On January 1, 2011, the Hospital received a $100,000 donation to set up an endowment for Charity Care. The Hospital invests this in a long term treasury bond which pays 5% interest at January 2 for each year. The Hospitals policy is to spend 5% of the endowment principal balance (corpus) toward the restricted donation. The accountant happily recorded the donation as an other operating revenue.

please prepare adjusting entries

GreatVille Hospital Working ial Balance 2011 Statement of Preadjusted Trial Balance 12/31/11 Operations credit Debit Credit De Cash S 34,067 102 Temporary investments 50,000 Accrued interest 103 receivable 04 Accounts receivable 102,400 5000 105 uncollectible accounts 106 Inventory 20,250 107 Prepaid insurance 1,980 108 Prepaid rent 2,100 109 Prepaid interest 110 Long Termn investment 00,000 120 and 22,000 130 Buildings 175,000 131 depreciation-buildings 12,750 140 Equipment 80,000 Accumulated 141 depreciation equipment 9,000 201 Accounts payable 3,300 202 Notes payable 20,000 Accrued interest 203 payable Accrued salaries & 204 wages payable 205 Deferred rental income 206 Deferred tuition income 215