Exercise 6 (LO 10) VHWO, journal entries. Record the following events of Chemical Dependency Clinic, a VHWO: 1. Membership dues of $9,000 were collected 2. Cash contributions of $22,000 and pledges for $32,000 were received. 3. It is estimated that 10% of the above pledges will prove uncollectible. 4. A fund-raising dinner grossed $12,000 from the sale of 480 tickets. The catered dinner cost $15 each for the 420 people who attended, plus $200 for the rental of the dining room. Pay- ment for these costs was made. 5. A classic car was donated to the organization. The car has an estimated fair value of $75,000. It will be the main attraction of an auction to be held in the next accounting per- iod. The proceeds of the auction are part of the budget for activities in the next period. 6. To expand the services of the clinic, a professional fund-raising group was hired to undertake a 6-month campaign. At the end of the six months, the group submitted the report shown on next page