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Prepare journal entries based upon the following transactions for the Just Do It Not for profit organization. The Just Do It organization awarded $200,000 to
Prepare journal entries based upon the following transactions for the "Just Do It" Not for profit organization. The "Just Do It" organization awarded $200,000 to students that met the exact specifications for satisfying restrictions from previously received contributions b and awarded an additional $260,000 to students that did not meet the restricted revenue criteria. All of the scholarships were scheduled to be paid the following year. c The "Just Do It" organization received $899,000 of the contributions in item (a). They wrote off the balance. Part A: Prepare in good form the following journal entries: General Journal For Month Ended September 30, 2023
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