The following transactions of Rumbaugh State College occurred during the 20X5–20X6 fiscal year:1….

The following transactions of Rumbaugh State College occurred during the 20X5–20X6 fiscal year:1….

The following transactions of Rumbaugh State College occurred during the 20X5–20X6 fiscal year:1. Cash was received as follows for the purposes noted:2. Expenses paid for the restricted purposes were:3. Investments of $100,000 were made.RequiredPrepare journal entries for thesetransactions.
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The following transactions of Rumbaugh State College occurred during the

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