6 30 pan An international charity collects donations, which are used to pay its operating expenses and buy equipment for others. The charity records donations of cash and other items as Donations Revenue when received a Received $8,550 in cash and checks from a door to door campaign b. Incurred and paid $2.650 cash for employee wages this month. c. Paid $3,800 cash on a short-term loan from the bank (ignore interest) d Bought $4,200 of equipment from a manufacturer, paying $2.100 cash and signing a short-term note for $2,100. e. The manufacturer generously donated to the charity an additional $3350 of equipment Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month 2. Determine the charity's preliminary net income. Check my work 6 Book Print View transaction list Journal entry worksheet < 2 3 4 5 Record the receipt of $8,550 in cash and checks from a door-to-door campaign. erences Note: Enter debits before credits. W Transaction a General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 > 6 View transaction list Journal entry worksheet points < eBook 2 3 5 Record the payment of $2,650 cash for employee wages this month. Print References Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal Book Print erences W View transaction list Journal entry worksheet < 1 2 3 4 5 Record the payment of $3,800 cash on a short-term loan from the bank (ignore interest). Note: Enter debits before credits. Transaction C General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 > < Prev 6 of 10 Next 6 pints eBook View transaction list Journal entry worksheet 2 3 4 5 Record the purchase of $4,200 worth of equipment from a large toy manufacturer, paying $2,100 cash and signing a short-term note for $2,100. Print References Note: Enter debits before credits. Mc Transaction d General Journal Debit Credit Clear entry Record entry View general journal Required 1 Required 2 > 6 View transaction list Journal entry worksheet 0 < oints 2 3 4 eBook Print References Record the donation made by the manufacturer of an additional $3,150 of equipment. Note: Enter debits before credits. Mc Graw Hill ype here to search Transaction General Journal Debit Credit Record entry Clear entry O View general journal Required 1 Required 2 > < Prev 6 of 10 Next c. Paid $3,800 cash on a short-term loan from the bank (ignore interest). d. Bought $4,200 of equipment from a manufacturer, paying $2,100 cash and signing a short-term note for $2,100. e. The manufacturer generously donated to the charity an additional $3,150 of equipment. Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Determine the charity's preliminary net income. ces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the charity's prelimmary net income. Preliminary Net Income