Prepare journal entries based upon the following transactions for Scholarships for Hoosiers Not for profit organization. Upon completion prepare a trial balance
a	The Scholarship for Hoosiers organization hosted its annual fundraiser and received $500k in contributions. Historically, they've collected 85% of what is promised
b	The Scholarship for Hoosiers organization received investments valued at $200k
c	An anonymous donor gave cash gifts of $300k indicating that the gift should be used for recipients from Tippecanoe county.
d	Scholarships for Hoosiers paid their employee salaries for the month in the amount of $18,000
e	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.
f	Scholarships for Hoosiers awarded scholarships of $10,000 to Tippecanoe county residents and scholoarships of $60,000 to residents from other counties in Indiana.

Part A: Prepare in good form the following journal entries:							Part B: Prepare a trial balance