14-33

3 E14-33. (Journal entries to record the receipt and use of contributions by a nonprofit hospitai) Ellen Falk Hospital, a nonprofit hospital, had the following transactions during its year ended December 31. Prepare journal entries necessary to record the transactions. 1. Joe Joseph, a high school senior, donated his services to the hospital for an entire summer, serving food to patients and performing general tasks. If paid for, these services would have cost the hospital 2. Burt Bean donated $20,000 to the hospital, stipulating that the resources be used only to resurface $8.000. its parking lot, a maintenance function that the hospital performs every 3 years. 3. The hospital used Burt Bean's donation for the stipulated purpose. 4. Evan Blythe's estate donated $500,000 to the hospital to help pay for new MRI equipment. 5. The hospital used Evan Blythe's donation for new MRI equipment. 3 E14-33. (Journal entries to record the receipt and use of contributions by a nonprofit hospitai) Ellen Falk Hospital, a nonprofit hospital, had the following transactions during its year ended December 31. Prepare journal entries necessary to record the transactions. 1. Joe Joseph, a high school senior, donated his services to the hospital for an entire summer, serving food to patients and performing general tasks. If paid for, these services would have cost the hospital 2. Burt Bean donated $20,000 to the hospital, stipulating that the resources be used only to resurface $8.000. its parking lot, a maintenance function that the hospital performs every 3 years. 3. The hospital used Burt Bean's donation for the stipulated purpose. 4. Evan Blythe's estate donated $500,000 to the hospital to help pay for new MRI equipment. 5. The hospital used Evan Blythe's donation for new MRI equipment