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derro derro
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Posts: 866
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5 years ago

The following selected information is taken from the accounting records of the Jackson County Hospital for fiscal year 20X0. All accounts have a normal balance and are listed in alphabetical order. Also, all amounts are in thousands of dollars.

Administrative expenses      $    440
Cafeteria sales      440
Charity services (at gross amounts)       500
Contractual adjustments      1,100
Depreciation expense—Building      1,400
Depreciation expense—Other      2,740
Estimated uncollectible accounts      710
Federal grant restricted for heart research (all eligibility requirements met)      1,300
Fiscal service expenses      300
Gain on sale of capital assets      75
General services expenses      1,100
Gross patient service charges      18,000
Income from investments of endowment—donor restricted to heart research      870
Other professional services expense      890
Net investment in capital assets, January 1      15,000
Nursing services expenses      8,000
Proceeds from bond issue for building addition      22,000
Restricted net position, January 1      3,200
State appropriations—capital      700
State appropriations—operating      500
Unrestricted contributions      350
Unrestricted net position, January 1      9,000
 
Textbook 
Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting


Edition: 11th
Authors:
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bolbolbolbol
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5 years ago
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