Government Hospital Financial Reporting Classifications

Using the preceding abbreviations, indicate how each of the following items should be reported in these two hospital financial statements. If none of the preceding items is appropriate, explain how the item should be reported.
1. Anesthesiology expenses
2. Qualifying expenses under a restricted government grant
3. Provision for bad debts
4. Capital asset (currently in use) purchased from donor-restricted resources
5. Expiration of term endowments—restricted to use for plant expansion
6. Gain on sale of equipment
7. Admitting office expenses
8. Donated services
9. Bond sinking fund
10. Cash and investments set aside by board to finance cancer research
11. Emergency services expenses
12. Unrestricted contributions
13. Bonds payable (issued to finance construction underway)
14. Provision for depreciation
15. Gift restricted for operations
16. Intensive care expenses
17. Power plant expenses
18. Income and gain from board-designated funds
19. Dietary service expenses
20. Interestexpense

  • CreatedOctober 25, 2014
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