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goji.go goji.go
wrote...
Posts: 5977
9 years ago
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
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1 Reply
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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