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increase or decrease Karen White helped organize a charity fund to help cover the medical expenses of her friend, Vicky Hill, who was seriously injured
increase or decrease
Karen White helped organize a charity fund to help cover the medical expenses of her friend, Vicky Hill, who was seriously injured in a bicycle accident . The fund was named the Vicky Hill Recovery Fund (VHRF). Karen contributed $600 of her own money to the fund The $600 was paid to WKUX, a local radio station that designed and played an advertising campaign to educate the public about Vicky's predicament . The campaign resulted in the collection of $27,000 cash, and VHRF paid $16,500 to Mercy Hospital to cover Vicky's outstanding hospital cost. The remaining $10,500 was donated to the National Cyclist Fund Required Identify the entries mentioned in the scenario and explain what happened to the cash accounts of each entity you identify Entities Mentioned Vicky Hin Recovery Fund Effect On Cash for cash contributions $27.600 for payment of advertising $600 payment for hospital bills, 516,500 for donation to National Cycat Fund 510,500 by contribution, 5600 for advertising revenue, 5600 for contributions $27.000 for medical care. $16.500 for donation $10.500 Karen White WWUX Public Mercy Hospital National Cyclist Fund Step by Step Solution
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