Question

W isco Dut not enurely correct. eneral Journa 41.000 41.000 41,000 Reclassifications to Na Asacts Without Donor Restrictions
Required: Record the following transactions on the books of Hope Hospital, which follows FASB (not-for-profit) and AICPA stani dont understand what im doing wrong- please explain and correct
0 0
Add a comment Improve this question Transcribed image text
Answer #1


Hope Hospital Journal Enteries Trans. Particulars 1 Cash a/c To Pledges Receivable Dr. Debit in $ Credit in $ 41000 41000 410

Add a comment
Answer #2
So on #6 aka 4a there is no entry you welcome
answered by: Yr
Add a comment
Know the answer?
Add Answer to:
i dont understand what im doing wrong- please explain and correct W isco Dut not enurely...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • there should be 11 entires total at the end Required: Record the following transactions on the...

    there should be 11 entires total at the end Required: Record the following transactions on the books of Hope Hospital, which follows FASB (not-for-profit) and AICPA standards. The year is 2020. Of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1. Hope received $41,000 in cash from pledges made in the previous year that were unrestricted as to purpose but intended to be received and expended in 2020 2. Hope received...

  • Hello. I need help with parts b) and c) below. Part b) is the "Statement of...

    Hello. I need help with parts b) and c) below. Part b) is the "Statement of Activities." Can you tell me what the correct amount should go into the "red x" that appears (explain please)? Also, can you tell me if I am missing any revenue accounts or expense accounts? Part c) is the "Statement of Financial Position". Can you tell me what the correct amounts should go into the "red x" that appears (explain please)? Also, can you tell...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT