Please do the one's that were incorrect.

Journal entries Prepare journal entries to record the following transactions of a nonprofit hospital: 1. The hospital billed its uninsured patients for $250,000. Based on historical experience, it expects to collect 45 percent of that amount over time. 2. Nurses and doctors employed by the hospital were paid their salaries, $100,000. 3. The chief administrative officer was paid her salary of $10,000. 4. The hospital paid its utility bill, $5,000. (Transactions 5 - 8 immediately follow.) If a transaction does not require a journal entry, sele No entry as your answers and leave the Debit and Credit answers blank (zero). Ref. Description Debit Credit Patient accounts receivable 250,000 0 Patient service revenues 250,000 To record gross patient service revenue. + x 112,500 x 0 Patient accounts receivable 112,500 x To record an adjustment for the estimated uncollectible amount Administrative services expense 100,000 Cash 100,000 Administrative services expense 10,000 10,000 General services expense 5,000 Cash 5,000 1 0 Cash 0 2 0 3 0 Cash 0 4 > 0 0 Prepare journal entries to record the following transactions of a nonprofit hospital: 5. Depreciation on the equipment was $34,000. 6. Several adults donated their time (worth $5,000) selling merchandise in the hospital gift shop. 7. The hospital billed Medicare $100,000 for services provided at its established rates. The prospective billing arrangement gives Medicare a 40 percent discount from these rates. 8. An unrestricted donation of $4,000 was received. If a transaction does not require a journal entry, select No entry as your answers and leave the Debit and Credit answers blank (zero). Ref. Debit 34,000 Credit 0 5 0 6 0 0 7 34,000 0 0 0 100,000 X Description Depreciation expense Accumulated depreciation No entry No entry Patient care expense Patient service revenues To record gross patient service revenue. Patient service revenues Cash To record an adjustment based on the prospective billing arrangement. Cash Contribution revenue (or gains)-Support without donor restriction 100,000 0 0 40,000 0 40,000 8 0 4,000 0 4,000