this is accounting for governmental and nonprofit organizations.

King Hospital, a private nonprofit hospital, had the following transactions occur for the month of April 20X3 for their General Fund.

(1) The hospital billed patients for $300,000 during the month. Of this amount, 98% is expected to be collectible.

(2)Nurse and doctors employed by the hospital were paid in the amount of $125,000.

(3)The chief administrator of the hospital was paid her salary of $15,000.

(4)The hospital paid its utility bill in the amount of $5,000.

(5)Depreciation on the equipment for the month was $30,000.

(6)Doctors donated services to the hospital in the amount of $3,000.

(7)An unrestricted donation of $4,000 was received.

REQUIRED: Preparing all general journal entries required, in proper form, to record the above transactions. Be sure to label the accounts to indicate the proper account classification.