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 A b d 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 his time to audit the financial statements for the NFP. It took him 20 hours and his normal hourly 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 Indiana. Part A: Prepare in good form the following journal entries: GENERAL JOURNAL REF TRANSACTIONS Account Name Account Title: Cash Pledges receivable Allowance for uncollectible pledges Investments Accrued interest receivable Net assets, January 1 2019 Contributions Gixser Pet Rescue Center Trial Balance December 31, 2019 Service Dog Program fees Grant from Anonymous donor Unrealized and realized gains on investments Investment income Dog nutrition Program Expense Dog rehabilitation (training) program expense Administration expenses Net assets with donor-reclassifications out satisfaction of program restrictions Net assets with donor-reclassifications in satisfaction of program restrictions Without Donor Restrictions Debit 30,000 10,000 32,000 1,000 DEBIT CREDIT 72,000 34,000 3,000 182,000 Credit 3,000 67,000 10,000 45,000 50,000 2,000 1,000 With Donor Restrictions Debit 16,000 5,000 4,000 Part 8: Prepare a trial balance Credit 20,000 5,000 4,000 182,000 25,000 25,000 Preclosing Trial Balance June 30, 2019 Account Name Without donor restrictions With donor restrictions DEBIT CREDIT DEBIT CREDIT