A local private not-for-profit health care entity incurred the following transactions during the current year.

a.	The entitys governing board announced that $178,000 in previously unrestricted cash will be used in the future to acquire equipment. The funds are invested until the purchase eventually occurs.
b.	Received a donation of $98,000 with the stipulation that all income derived from this money be used to supplement nursing salaries.
c.	Expended $27,000 for medicines. The entity received the money the previous year as a restricted gift for this purpose.
d.	Charged patients $618,000, 75 percent of which is expected to be covered by third-party payors.
e.	Calculated depreciation expense of $56,000.
f.	Received interest income of $33,000 on the investments the board acquired in transaction (a).
g.	Estimated that $38,000 of current accounts receivable from patients will not be collected and that third-party payors will reduce the amounts owed by $48,000 because of contractual adjustments.
h.	Consumed the medicines acquired in (c).
i.	Sold the investments acquired in (a) for $208,000. Spent all restricted cash (including [f] above) and $27,000 that previously had been given to the entity (with the stipulation that the money be used to acquire plant assets) for new equipment. No time restriction was assumed on this equipment.
j.	Received pledges for $144,000 in unrestricted donations. Of the pledges, 15 percent are collected immediately with 85 percent to be received and used in future years. Officials estimate that $18,000 of this money will never be collected. Present value of the receivable is $116,000.

a.	Record each of these transactions in appropriate journal entry form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Alocal private not-for-profit health care entity incurred the following transactions during the current year a. The entity's governing board announced that $178,000 in previously unrestricted cash will be used in the future to acquire equipment. The funds are invested until the purchase eventually occurs b. Received a donation of $98,000 with the stipulation that al income derived from this money be used to supplement nursing salaries Expended $27.000 for medicines. The entity received the money the previous year as a restricted gift for this purpose di Charged patients 5618,000, 75 percent of which is expected to be covered by third-party payors e. Calculated depreciation expense of $56,000 [ Received interest income of $33,000 on the investments the board acquired in transaction (0) 9 Estimated that $38,000 of current accounts rocolvable from patients will not be collected and that third- party payors will reduce the amounts owed by $48,000 because of contractual adjustments h Consumed the medicines acquired in (c) 1 Sold the investments acquired in (a) for $208,000. Spent al restricted cash (including If above) and $27.000 that previously had been given to the entity (with the stipulation that the money be used to acquire plant assets) for new equipment. No time restriction was assumed on this equipment 1 Received pledges for $144,000 in unrestricted donations of the pledges, 15 percent are collected immediately with 85 percent to be received and used in future years Oficia's estimate that $18,000 of this money will never be collected. Present value of the receivable is $116,000 3. Record each of these transactions in appropriate Journal entry form (If no entry is required for a transaction/event, select "No journal entry required in the first account field. View transaction list EX 1 Record investment of funds set aside to acquire equipment. 2 Record receipt of donations. 3 Record medicines purchased from restricted gift. 4 Record reclassification of assets. pit Credit 5 Record amount receivable from patients and third party 6 Record depreciation 7 Record interest revenue. Note: joumal entry has been entered Record entry Clear entry View general Journal Type here to search o e E 07 A local pevate not for profit health care entity incurred the following transactions during the rent year a The entity's governing board announced that 5178 000 in previously restricted cash will be used in the future to acquire equipment. The funds are invested until the purchase ally occurs Received a donation of $98,000 with the stipulation that comedored from this may be used to supplement nursing sales c Expended 527,000 for medicines. The entire the one the pros yra restricted for this purpose Charged patients 5618,000.75 percent of which is expected to be covered by third party payos. Calculated depreciation expense of 556.000 Received interest Income of $33000 on the invest the board oral transaction() g Estimated that 538.000 of current accounts receivable front will not be collected and that iede party payors will reduce the amounts owed by $48.000 because of cooldus Consumed the medicines acquired in Sold the investments acquired in (a) for $208.000 Spent al restricted cash indooing above) and $27.000 that previously had been given to the oty with the state that the money be used to acquire plant assets) for new equipment Notesbiction was assumed os equipment Received pledges for $144.000 in unrestricted donations of the pledges. 15 percent are collected immediately with 85 percent to be received and used in the years oficials estimate that $18,000 of this money Wilwer be collected Present value of the receivable is 5116.000 a. Record each of these transactions in appropriate ournal entry form ( no entry is required for transaction event select "No journal entry required in the first accounted) View transactions X 7 Record interest revenue. 14 > 8 Record bad debts. Record contractual adjustments 10 Record consumption of medicines acquired. Sigoured 11 Record the sale of investments 12 Record purchase of equipment 13 Record reclassification of assets 14 Record receipt of pledges hote - Journal entry has been entered Recorded Charly View general journal Type here to search O e x3 5. 1 Record reassification of assets. 14 Record receipt of pledges Notes Journal entry has been entered Record entry Clear entry View general puma b. Prepare a schedule calculating the change in iced perry resided and more restricted (Amounts to be deducted should be indicated with minus Calculation of Chi Note tinrosite Temporary Party Restite Rosa NotAssets Future purchase of ement Donation Income for sale Redaction of assets das Esentes Depreciation here g Bad det Contacta aman NU Canon Investment Pledas Inca decat Type here to search O e 1 os XB 14 Record receipt of pledges. Note Journal entry has been entered Record entry Clearly View general journal Prepare a schedule calculating the changed pended, and the party restricted net Amounts to be deducted shoe indicated with Calculation of Changes in Ne Are Unrestricted uporarily Perry Rebited estrel NA NetAsset NetArt Tore purchase of quiet Donation - Income for sales Redification of Puterias Depreciation interest 19 Bad dabei Contacto Useines Gain on invest Redaction of Pedig nosso decreto Type here to search O 1 e 19