A government hospital has the following assets, among others: 1. Investments of $2 million from a donation

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A government hospital has the following assets, among others:
1. Investments of $2 million from a donation made specifically for the purpose of defraying part of the cost of enlarging the hospital’s pediatric center.
2. Cash and investments totaling $750,000 that the hospital board has designated for use for the expansion of the pediatric center.
3. $1.5 million restricted by donors to be used to supplement the operating budget of the hospital’s cancer treatment center.
4. $2 million restricted by third-party reimbursement agreements to be used to replace certain equipment.

Required
Show how these amounts should be reported in the hospital’s Statement of Net Position

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Related Book For  book-img-for-question

Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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