You are believer that new employees should practice their

You are believer that new employees should practice their accounting skills before throwing them into the fire. Therefore you have listed a series of transactions that require journal entries and updating of T-Accounts. You know that preparing nonprofit journal entries are easy so you ask the new employee to Please submit your assignment. The following grading criteria will apply to this assignment: Grading Criteria 30% For Transaction 1 prepare side by side the correct journal entry for a nonprofit entity and a for-profit company. 30% For Transaction 2 prepare side by side the correct journal entry for a nonprofit entity and a for-profit company 1. 30% For Transaction 3 prepare side by side the correct journal entry for a nonprofit entity and a for-profit company. 10% All Notes in the journal entries are correct. For assistance with your assignment please use your text Web resources and all course materials. Unit Materials

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