During 2020, the Clifford Humane Society, a voluntary health and welfare entity, received cash donations of $912,000 and membership dues of $68,000. A member of the Humane Society donated services valued at $8,500 that would otherwise have been performed by a paid staff member. A pet food manufacturer donated dog food valued at $17,200. The Humane Society received a gift of $150,000, to be used in building a new animal shelter. Also during 2020, investments held by the Humane Society earned interest of $2,500.Required:Prepare a schedule showing the amount that the Clifford Humane Society should have recorded for contributions from public support for 2020.

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The Answer of During 2020, the Clifford Humane Society, a voluntary health and welfare entity, received cash donations of $912,000 and membership dues of $68,000. A member of the Humane Society donated services valued at $8,500 that would otherwise have been performed by a paid staff member. A pet food manufacturer donated dog food valued at $17,200. The Humane Society received a gift of $150,000, to be used in building a new animal shelter. Also during 2020, investments held by the Humane Society earned interest of $2,500.Required:Prepare a schedule showing the amount that the Clifford Humane Society should have recorded for contributions from public support for 2020.

During 2020, the Clifford Humane Society, a Voluntary Health and Welfare