Record the following transactions on the books of Hope Hospital, which follow FASB $($not$-$for$-$profit$)$ and AICPA standards. The year is $2024.$

Note: If no entry is required for a transaction or event, select $"$No Journal Entry Required" in the first account field.

$1.$ Hope received $$51,000$ in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in $2024.$

$2.$ Hope received $$104,000$ in pledges that indicated the money would be received in $2025.$ The donors imposed no restrictions other than it could be used for any purpose desired by the board.

$3.$ Hope expended $$55,000$ for nursing training, using $$49,000$ of donor$-$restricted resources received in $2023$ for that purpose.

$4.$ On June $15,2024,$ Hope was awarded a $$66,000$ grant for cancer research by the U$.$S$.$ Department of Agriculture. During $2024,$ Hope had qualified expenses under the grant totaling $$42,300.$ This is a cost reimbursement grant.

$5.$ Hope received $$288,000$ in cash. The board decided to invest the funds for future plant expansion.

REQUIRED

A$.$ Record the cash from the pledges made in the previous year. Hope received $$51,000$ in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in $2024.$

B$.$ Record the reclassification of the pledges received in the previous year. Hope received $$51,000$ in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in $2024..$

C$.$ Hope received $$104,000$ in pledges that indicated the money would be received in $2025.$ The donors imposed no restrictions other than it could be used for any purpose desired by the board.

D$.$ Record the amount of $$55,000$ expended for nursing training by Hope.

E$.$ Record the reclassification of assets in satisfaction of program restrictions.

F$.$ Record the grant of $$66,000$ awarded for cancer research by the U$.$S$.$ Department of Agriculture.

G$.$ Record the qualified expenses hope had under the grant totaling $$42,300.$

H$.$ Record the expenses reimbursed under the grant totaling $$42,300.$

I. Record the receipt in cash.

J$.$ Record the investment of the funds for future plant expansion.

K$.$ Record the reclassification of net assets$-$unrestricted for plant expansion.Required:

Record the followng transactions on the books of Hope Hospital, which follow FASB $($not$-$for$-$profit$)$ and AICPA standards. The year is

$2024.$

Note: If no entry is required for a transaction or event, select $"$No Journal Entry Required" in the first account field.

Hope recelved $$51,000$ in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be

recelved and expended in $2024.$

Hope recelved $$104,000$ in pledges that indicated the money would be recelved in $2025.$ The donors imposed no restrictions other

than it could be used for any purpose desired by the board.

Hope expended $$55,000$ for nursing training, using $$49,000$ of donor$-$restricted resources recelved in $2023$ for that purpose.

On June $15,2024,$ Hope was awarded a $$66,000$ grant for cancer research by the U$.$S$.$ Department of Agriculture. During $2024.$

Hope had qualified expenses under the grant totaling $$42,300.$ This is a cost reimbursement grant.

Hope recelved $$288,000$ in cash. The board decided to invest the funds for future plant expansion.

Answer is not complete.