The Kamloops Benevolent Society seeks to improve conditions for the homeless and other disadvantaged people. The society receives government funding and contributions from the public. Operating funds come from these contributions and endowment fund revenues. The society has an operating fund, a capital fund, and an endowment fund. The capital fund includes land, building, furniture, equipment, and cash. The endowment fund includes revenue-generating investments and cash.

The society uses the restricted fund method of accounting. On January 1, Year 8, the pledges receivable balance was $324,000 and the Allowance for doubtful pledges had a $32,000 balance.

During Year 8, the following selected transactions occurred:

From the endowment fund, purchased $50,000 of equity investments.

From the operating fund, purchased $3,200 of office equipment.

Recorded invoices for food and clothing totalling $73,000. ($30,000 and $43,000 respectively.) These will be paid when they become due.

A grant receivable of $130,000 in the capital fund was received.

The accounts payable was paid from the operating fund.

Building renovations costing $52,000 were paid and equipment of $66,000 was purchased.

Collected the pledges receivable but none of the allowance amount.

An endowment contribution of $230,000 was received, and the endowment fund earned $44,000 interest.

Required:

Prepare the journal entries to record the Year 8 transactions. For each entry, indicate the fund in which the entry is prepared. Please number your answers according to the numbers above, and use standard journal entry format.