Fast-Food Prices A popular fast-food chain increased the pri…

Questions

Using the infоrmаtiоn nоted аbove for this section.  Fill in the blаnks to complete the journal entries necessary to record the cash outflows for 2022. Choose from the following account names (no numbers necessary): Cash Grant revenue Pledges receivable Investment revenue Grants receivable General revenue Donations receivable Contribution revenue Prepaid rent Wage expense Leasehold improvements Amortization expense Accumulated amortization Operating expense Wages payable Rent expense Deferred contribution revenue   Unrestricted net assets   Restricted net assets   Cash Outflows           2022 Date Account Titles Debit Credit During the Provide the account name in the first space below.             54,000   year      Cash               54,000   5. To record the warehouse renovations as leasehold improvements on the        lease that runs January 1, 2022 - June 30, 2024.     During the  Provide the account name in the second space below.             26,400   year     Cash               26,400   6. To record salary paid to the executive director.             During the  Provide the account name in the third space below.             19,200   year Provide the account name in the fourth space below.             28,800         Cash               48,000   7. To record rent paid on the warehouse.             During the  Provide the account name in the fifth space below.             21,000   year     Cash               21,000   8. To record other operating expenses for the year.