Using the following codes, indicate which statement would be used to report each item for a not-for-

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Using the following codes, indicate which statement would be used to report each item for a not-for- profit hospital.
BS ....... Balance sheet
SO ....... Statement of operations
SCNA....... Statement of changes in net assets only
____ 1. Land, buildings, and equipment
____ 2. Unrestricted contributions
____ 3. General services expense
____ 4. Contributions receivable
____ 5. Realized gain on sale of permanently restricted investments
____ 6. Assets limited as to use
____ 7. Change in interest in hospital foundation’s temporarily restricted assets
____ 8. Estimated liability for malpractice costs

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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