ei 7 HE At Regular (Ex) IU 11 THE A A A abe # CBTU Office EN R A U , ". X fx A Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization The Scholarship for Hoosiers organization hosted its annual fundraiser and received $500k in contributions Historically they've collected 80% of what is promised The Scholarship for Hoosiers organization received investments valued at $200k The Kentucky derby gave cash gifts of $300k indicating that the gift should be used for recipients from Tippecanoe county. Scholarships for Hoosiers paid their employee salaries for the month in the amount of $18,000 A local CPA volunteered his time to audit the financial statements for the NFP. It took him 20 hours and his normal hourly fee is $ 100/hour. Scholarships for Hoosiers awarded scholarships of $10,000 to Tippecanoe county residents and scholoarships of $60,000 to residents from other counties in Indiana 10 le Debit Credit Ref Account Title LLIB R THERE 20 21 22 28 L EADER Tournal Entre Tu Bale ur in