The standard charges for all services provided by a government hospital during the year were 5,000,000 . The charges included charges for charity services valued at 100,000 .
They were reduced by contractual adjustments related to insurance contracts of 400,000 . Uncollectible amounts related to these services are estimated at 150,000 . The hospital must report net patient services revenues and expenses, respectively, of
A. 4,900,000 and 550,000
B. 4,500,000 and 150,000
C. 4,750,000 and 400,000
D. 4,350,000 and 0
Question 2
The income statement is prepared from
a. the adjusted trial balance
b. the Income Statement columns of the end-of-period spreadsheet
c. either the Adjusted Trial Balance or the Income Statement columns of the end-of-period spreadsheet
d. both the Adjusted Trial Balance and the Income Statement columns of the end-of-period spreadsheet
Standard Schnauzer
Why Different Constellations Are Visible at Different Times of the Year
CPT Modifiers Used for Medical Office Services
Some Standard Shapes of Greek Vessels
Top Eleven Countries in Year 2009 According to Three Different Measures
The Plunger and Barrel of a Standard Syringe