Question: Prepare the journal entries for the transactions below for a non-profit hospital general fund. (all amounts are in thousands) (1) Received $35 from the plant

Prepare the journal entries for the transactions below for a non-profit hospital general fund. (all amounts are in thousands)

(1) Received $35 from the plant replacement and expansion fund for acquiring fixed assets.

(2) Recorded the following operating expenses: Depreciation expense -- $16 Bad debt expense -- $8 Inventories -- $10 Donated services -- $4

(3) Approved contractual adjustments of $125 from patients' bills.

(4) Provided $2,100 of patient services.

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