For each of the following transactions and events, indicate the effect it will have on each of the three categories appearing in the Statement of

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For each of the following transactions and events, indicate the effect it will have on each of the three categories appearing in the Statement of Operations for a not-for-profit health care organization. Put an X in the appropriate column. If the net assets are unaffected, leave the column blank.

Ex1: Recorded nursing salaries of $16,000.
Ex2: Collected $10,000 on patient accounts receivable.
1. A capital campaign in support of a new building brought in pledges of $50,000.
2. $5,000 was expended from the capital campaign on architects€™ fees.
The organization records all fixed assets in the unrestricted class of net assets.
3. Estimate that the amounts collected from third-party payors will be $22,000 less than the amount billed, due to contractual adjustment.
4. Estimate that the amounts collected from individual patients will be $10,000 less than the amount billed.
5. Performed charity care of $6,000 (at normal billing rates).
6. Unrestricted income on endowments amounted to $5,000.
7. Interest expense totaled $850.
8. Investment income limited by board action for capital improvement amounted to $240.
9. Determined depreciation on plant and equipment to be $12,000.
10. Received $500 in unrestrictedcontributions.

Operating Expenses Increase Decrease Operating Other Income Increase Decrease Revenues Increase Decrease Ex2