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 $4,850 in cash and checks from a door-to-door campaign. b. Incurred and paid $1,800 cash for employee wages this month. c. Paid $1,310 cash on a short-term loan from the bank (ignore interest). d. Bought $4,240 of equipment from a manufacturer, paying $1,740 cash and signing a short-term note for $2,500. e. The manufacturer generously donated to the charity an additional $2,700 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries for the above transactions, which occurred during a recent month. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the receipt of $4,850 in cash and checks from a door-to-door campaign. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal < 1 2 3 4 5 Record the payment of $1,800 cash for employee wages this month. > Note: Enter debits before credits. Transaction b. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 Record the payment of $1,310 cash on a short-term loan from the bank (ignore interest). Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > Journal entry worksheet > 1 2 3 4 5 Record the purchase of $4,240 worth of equipment from a large toy manufacturer, paying $1,740 cash and signing a short-term note for $2,500. Note: Enter debits before credits. Transaction d. General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet < 1 2 3 4 5 Record the donation made by the manufacturer of an additional $2,700 of equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required 1 Required 2 Determine the charity's preliminary net income. ry Net Income Preliminary N