Will Wealth Made Three Charitable Donations in 2014

question 18

Essay

Will Wealth made three charitable donations in 2014.Each was for $500,000,however they were made to three different organizations as follows:
1.Will donated to a local voluntary health and welfare organization (VHWO),and indicated that the funds could be used as the VHO wanted.
2.Will donated to a local private,not-for-profit university,designating the funds to be used for scholarships and student aid.
3.Will donated to the local not-for-profit,nongovernmental hospital,designating the funds to be used for purchase of diagnostic equipment.
Required:
For each of the above three situations:
A.Prepare the journal entry that each organization would prepare at the time of the contribution.
B.Prepare the journal entry that each organization would prepare at the time of the subsequent spending of the funds.Assume that the spending is in accordance with any restrictions that Will placed on the donation.

Recognize the functions of the cell membrane and structures involved in cellular protection and transport.

Discern the differences in cell size and division mechanisms among cells.

Understand the localization and transport mechanisms of proteins within cells.

Differentiate between organelles found in prokaryotes and eukaryotes and their functions.

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Definitions:

Capacitive VARs

Reactive power measured in Volt-Ampere Reactive (VAR) generated by capacitive loads, which can be used for power factor correction in electrical systems.

Power Factor

An indication of the efficiency with which electrical power is turned into actual work, measured on a scale from 0 to 1, where a value of 1 signifies the highest possible efficiency.

RLC Series Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in series.

Voltage Drop

The reduction in voltage across a component or conductor as electric current flows through it.