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Frontier Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Frontier Sports is owned and operated by Wally Schnee, a well-known sports enthusiast and hunter. Wally's wife, Helen, owns and operates Blue Sky Boutique, a women's clothing store. Wally and Helen have established a trust fund to finance their children's college education. The trust fund is maintained by First Bank in the name of the children, Anna and Conner. For each of the following transactions, identify which of the entities listed should record the transaction in its records.Entities___________________________F ...................Frontier SportsB ...................First Bank Trust FundS ...................Blue Sky BoutiqueX ...................None of the above1. Wally paid a breeder's fee for an English springer spaniel to be used as a hunting guide dog.2. Helen paid her dues to the YWCA.3. Helen purchased two dozen spring dresses from a Denver designer for a special spring sale.4. Helen deposited a $3,500 personal check in the trust fund at First Bank.5. Wally paid for an advertisement in a hunters' magazine.6. Helen authorized the trust fund to purchase mutual fund shares.7. Wally paid for dinner and a movie to celebrate their tenth wedding anniversary.8. Helen donated several dresses from inventory for a local charity auction for the benefit of a women's abuse shelter.9. Wally received a cash advance from customers for a guided hunting trip.10.Wally paid a local doctor for his annual physical, which was required by the workmen's compensation insurance policy carried by Frontier Sports.
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