12:34 1 Safari < Atrs HW 04.docx Particulars Debt Credit 11) Cash 52.400.000 Accounts Receivable $600.000 Revenues-Educational and General $3.000.000 Revenue Deductions-Scholarship Allowances $80,000 Revenue Deductions Uncollectible Accounts $50,000 Expenses Educational and General $20.000 Accounts Receivable $100,000 Allowance for Uncollectible Accounts $50.000 2) Cash $400,000 Revenues-Auxilary Enterprises-Sales and $400,000 Services 3) Expenses Educational and General $1,215.000 Expenses - Auxiliary Enterprises $85,000 Cash $1,300 000 4) Mortgage Payable $180,000 Expenses-Educational and General (Interest) $300.000 Cash $480,000 S Cash Restricted $220,000 Revenues Private Gifts $220.000 6) Expenses-Educational and General $100,000 Cash $100,000 7) Equipment $22.000 Cash-Restricted for Capital Assets $22.000 E18-3 1.Reported as Assets restricted for plant purposes $2,000,000 2.Reported as Assets limited as to use by board designation for plant purposes 750,000 3.The amount reported as Cash, under current assets, would include the $1,500,000 restricted for operation of the cancer treatment center. 4.Reported as Assets limited as to use by contract for plant purposes 2,000,000