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Please answer Part A, Part B, and Part C Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization.

Please answer Part A, Part B, and Part Cimage text in transcribed

Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization. Upon completion prepare a trial balance The Scholarship for Hoosiers organization hosted its annual fundraiser and received $500k in contributions. Historically, they've collected 85 of what is promised The Scholarship for Hoosiers organization received investments valued at $200k An anonymous donor gave cash gifts of $300k indicating that the gift should be used for recipients from Tippecanoe county Scholarships for Hoosiers paid their employee salaries for the month in the amount of $18,000 A local CPA volunteered me to audit the financial statements for the NFP. It took him 20 hours and normal bourly fee is $100/hour. Scholarships for Hoosiers awarded scholarships of $10,000 to Tippecanoe county residents and scholarships of $60,000 to residents from other counties in Indian Part A: Prepare in good for the following journal entries Part & Prepare a trial balance GENERAL JOURNAL TRANSACTIONS Preclosing Trial Balance June 30, 2019 With donor without donor Account Name restrictions restrictions DEBIT CREDIT DEBIT CREDIT Account Name DEBIT CREDIT TITUTI Gixser Pet Rescue Center Trial Balance December 31, 2019 With Donor Restrictions Debit Credit 16.000 5,000 Without Donor Restrictions Debit Credit 30.000 10.000 3,000 32,000 1,000 67,000 10,000 45,000 50,000 2.000 1,000 72,000 34,000 3 ,000 Account Title Cash Pledges receivable Allowance for uncollectible pledges Investments Accrued interest receivable Net assets, January 1 2019 Contributions Service Dog Program fees Grant from Anonymous donor Unrealized and realized gains on investments Investment income Dor nutrition Program Expense Dog rehabilitation (training) program expense Administration expenses 1 Net assets with donor.reclassifications out satisfaction of program restrictions Net assets with donor-reclassifications in- satisfaction of program restrictions 20,000 5.000 4,000 182,000 4,000 182,000 25,000 25,000

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