Prepare a statement of operations: (only 1 year) Revenue from patients: $5,000,000, Medical services $ 600,000; Therapy
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Question:
Prepare a statement of operations: (only 1 year)
Revenue from patients: $5,000,000, Medical services $ 600,000; Therapy services $100,000; support services $200,000, General services $ 300,000, Depreciation $150,000, Interest $ 50,000; interest income $1,000
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Revenue:
Net Patient Service Revenue
Total Operating Revenue
Operating Expense:
....
Total Operating Expenses:
Income from operations:
Nonoperating Gains (Losses)
Interest Income:
Net Nonoperating Gains:
Revenue and Gains in Excess of Expenses and Losses:
Increase in Unrestricted Fund Balance:
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
Posted Date: