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Karen White helped organize a charity fund to help cover the medical expenses of a friend of hers who was seriously injured in a bicycle
Karen White helped organize a charity fund to help cover the medical expenses of a friend of hers who was seriously injured in a bicycle accident. The fund was named Vicky Hill Recovery Fund (VHRF). Karen contributed $1,500 of her own money to the fund. The $1,500 was paid to WKUX, a local radio station that designed and played an advertising campaign to educate the public as to the need for help. The campaign resulted in the collection of $17.000 cash. VHRF paid $13,300 to Mercy Hospital to cover Vicky's outstanding hospital cost. The remaining $3,700 was contributed to the National Cyclist Fund. Required Identity the entities that were mentioned in the scenario and explain what happened to the cash accounts of each entity that you Identify Entities Mentioned Effect On Cash Vicky Mil Recovery Fund Karen White WKUX Public Mercy Hospital National Cycist Fund for cash contributions, 518,500 for payment of advertising. 51,500 payment for hospital bills, 513,300 for donation to National Cyclist Fund, $3.700 by contribution $1,500 for advertising revenue. $1,500 for contributions $17.000 for medical care, 513,300 for donation, 33,700
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