For each of the following transactions,write all required journal entries in the space provided. Be sure to identify the fund in which you are working. Assume a fiscal year ending 12/31

5. The school district received notice that it was awarded a grant of $1M. Qualifying expenditures f $400,000 were made in the current year. The remaining expenditures are expected to be made early next year The city owned zoo received a pledge from a local citizen to match contributions up to $ The zoo has raised $60,000 in contributions during the current year 50,000. 6. The city received a donation of a parcel of land that the city intends to use a dog park. The basis of the donor is $20,000. The fair market value is $200,000. 7. 8. In October, the city collected annual restaurant licenses totaling $50,000