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please help asap!! with details the transaction list number 3,4,5 and 6 Protect Purple Plants (PPP) uses the deferral method of accounting for contributions and
please help asap!! with detailsthe transaction list number 3,4,5 and 6 Protect Purple Plants (PPP) uses the deferral method of accounting for contributions and has no separate fund for restricted contributions. On January 1 Year 6. PPP received its first restricted cash contribution-$120,000 for the purchase and maintenance of land and a greenhouse building for its rare purple plant collection On July 1 Year 6, PPP acquired land and a building for $22.000 and $80,000 cash, respectively. The building has an estimated usetul life of 20 years and zero residual value On December 31. Year 6, the remaining $18,000 cash was paid to Kj Maintenance Ltd. for a three-year maintenance contract that requires KJ personnel to provide maintenance services four days per month until December 31 Year 9 Required: Prepare the journal entries for the following dates: of no entry is required for a transaction/event, select "No journal entry required" in the first account field) 0) January 1 Year 6 (1) July 1. Year 6 () December 31. Year 6 Including year-end adjusting entries Check Required: Prepare the journal entries for the following dates (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) January 1, Year 6 (6) July 1 Year 6 (1) December 31 Year 6 including year-end adjusting entries View transaction list Record receipt of 1st restricted cash contribution Record purchase of land and building. 3 Record expensing of the Land Record amortization expense on building. / Credit 5. Record expensing of building amortization Record maintenance expenses paid in advance
the transaction list number 3,4,5 and 6
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