I am working on my balance sheet right now and I can't figure out where my entries are not correct can you please help me.
Dard Font Alignment So fx B 5 Gebe 31 ave Off X fx Below you are provided Ending Balances from 2020 fi B D Hint: The below information is necessary for you to complete the assignment. Cash Prepaid Insurance Accounts Receivable Assets Inventory Plant & Equipment Pledge Receivable Inventory Labor Expenses Interest Insurance Depreciation Accounts Payable Liabilities Wages Payable Mortgage Payable Unrestricted Net Assets Temporarily Restricted Permanently Restricted Patient Service Revenue Revenue Revenue - contributions donations Revenue-non-patient services (gift shop, parking etc.) $ $ $ $ $ $ $ $ $ $ $ $ 2,500,000.00 200,000.00 3,400,000.00 3,300,000.00 5,500,000.00 100,000.00 700,000.00 1,500,000.00 150,000.00 300,000.00 200,000.00 2.500,000.00 3,300,000.00 1,200,000.00 4,000,000.00 2,500,000.00 1,500,000.00 2.000.000.00 650,000.00 200.000.00 A A A $ S S S S $ 1. Christian and Tanned that Instructions Journal Entries Not-for-profit Ledger Balance Sheet Temp Arial 10 A A Wiap text Merge a Center - BU- a-A- General S-% Conditional Form Formatting - Tab Number Style Board Font Alignment A Create a journal entry and a T-Account entry for each of the following transactions 1 5400,000.00 worth of MR Machine purchased with Cash Accounts Inventory Debit $100,000.00 Credit $400,000.00 575.000,00 worth of Inventory Es purchased by Cash Accounts Inventory Cash Debit $75,000.00 Credit $75,000 $30.000 Fire Insurance is purchased by Cash for year Accounts Prepaid insurance Cash Debit $30,000 Credit $30,000 4 Wages Instructions due to emolovees that had been previously recorded as a laby ace now said in Journal Entries Not-for-Profit Ledger BalanceSheet Template Cash Income Statement 5200.000 Cashflow St. . O hp ? a Al 10 AA General 23 Wrap Test Menge a Center - A S - % Conditional Forma Formatting able Styles Allonment Number 4 Wages due to employees that had been recorded as a bobil are now paldin Cash $200.000 Account Debit Credit $200,000.00 Wages Payable $200 000 00 5 A patient discharged who used 5100.000 worth of Inventory Debat Accounts Inventory Inventory Expenses Credit $100.000 $100,000 6 Bes are submitted to insurance companies in the amount of $400.000 for services rendered to patients Credit Accounts Accounts Recievable Patient Service Revenue Debit $400.000 5400,000 Instructions Journal Entries Not-for-Profit Ledger Balance Sheet Template Income Statement CashFlow Sta OR$ (hip 2 @ $ % & Arial 10 - A A 2- General 2 Wapert Meige Center - A- $ - % 31 Conditional format an Formatting Styles Font Alignment Number Om 2 - = 1 - 1 - 2 2 : P = = 7 D H 7 $150 000 cash is received for services previously provided and bied Accounts Credit Debit $150,000 Accounts Recievable $150,000 Al year end annual mortgage payment made by Principle payment $15,000 Interest payment $35.000 Debut Credit $50,000 Accounts Cash Principle payment Interest 315.000 $35,000 End of year insurance adjustment year insurance used Accounts Insurance Expenses Prepaid Insurance Debit $30,000 Credit 530,000 Instructions Journal Entries Not-for-Profit Ledger Balance sheet Template Income Statement CashFlow State ORO hp o @ $ % X Arial 10 | A Wapert General Merge Center $ - % Formatting Font Alignment Number Styles love 2- Credit Accounts Insurance Expenses Prepaid insurance Debit $30,000 $30.000 MR Machine purchased for $400,000 at the beginning of the year 10 End of year adjustment - One year depreciation of Useful life 10 years Please use Straight Line Depreciation 30.000 Accounts Plant and Equipment Depreciation Expense Debat 550.000 Credit $30,000 11 Right before the year end you received a pledge of $350,000 designated to be used in the construction of Women and Infant Canter that you are planning to start building next year Accounts Pledge Recevable Revenue Contributions Debit $350.000 Credit $350,000 Instructions Journal Entries Not-for-Profit Ledger Balance Sheet Template Income Statement Cash Flow Statem hp @ 2 $ 4 3 % 5 & 7 6 8 Fall_2021_MRA JAssignment question. Compatibility Mode - Home Insert Page Layout Formulas Data Review View Help X Aral 10 -A A Wap Test Number B TV - $ - % 9883 Cell Conditional Formatas Merge Center Formatting Table Styles rd Font Alignment 5 Number Styles - BEI 2- X BED - mert - Delete- Format Cell f -3 Pro Nord SEN Acce wa AR A Aco Pay We Pay C 2500 3400 100 100 4000 2500 1500 2 N 29 2002 2.4015 320 110S 4.000 2500 1500 Instructions Journal Entries Not for Profit Lediger Balance Sheet Template Income Statement Carlos Statement Depreciations $ hp * ? IO + a $ % &