Financial statements should be prepared before the closing ...

[bio_gurl]

Financial statements should be prepared before the closing entries are journalized and posted.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which item is reported significantly differently by government hospitals than by nongovernment, not-for-profit hospitals?
 
  a. Patient service revenues
  b. Net assets
  c. Nursing services expenses
  d. Charity services

[janieazgirl]

Answer to Question 1

True

Answer to Question 2

B

[bio_gurl]

TYSM

[phuda]

Thanks for the timely response, appreciate it