A not-for-profit organization provides the following information for the year: 
Required: Prepare the journal entries for these transactions.
Definitions:
Moral Argument
A reasoning process that bases its conclusions on ethical principles, often discussing what is right or wrong behavior.
Prescriptive Premise
A statement of value contained within an argument's premise.
Ethical Subjectivism
The philosophical view that moral values and judgments are based on personal feelings or opinions rather than objective facts.
Moral Truth
A concept referring to the idea that there are universal ethical standards that apply across cultures and situations, guiding what is right and wrong.
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