This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A nongovernment not-for-profit hospital presents all of the following financial statements, except ... (Read 68 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 5, 2018
A nongovernment not-for-profit hospital presents all of the following financial statements, except
 
  A. A balance sheet.
  B. A statement of operations.
  C. A statement of activities.
  D. A statement of cash flows.

Question 2

After posting the second closing entry to the income summary account, the balance will be equal to
 a. zero
  b. owner's equity
  c. revenues for the period
  d. the net income or net loss for the period


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raili21

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

d


roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jul 5, 2018
Gracias!

  • Member
  • Posts:
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2 Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2
A general hospital A general hospital
How to use L’Hospital’s Rule to find the limit of a function (Part 3) How to use L’Hospital’s Rule to find the limit of a function (Part 3)
A Corner of the General Massage Section of an Army Hospital. A Practice of Physiotherapy by Sampson, ... A Corner of the General Massage Section of an Army Hospital. A Practice of Physiotherapy by Sampson, ...
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
An 1809 painting showing a wounded soldier as he lay dying of tetanus in a military hospital An 1809 painting showing a wounded soldier as he lay dying of tetanus in a military hospital
Video: Simple Diffusion - Ion transport

For a complete list of videos, visit our video library