Question
A not-for-profit hospital uses three revenue-controlling accounts: Patient Service Revenue, Other Operating Revenue, and Nonoperating Revenue. Indicate which of the three revenue accounts would be
A not-for-profit hospital uses three revenue-controlling accounts: Patient Service Revenue, Other Operating Revenue, and Nonoperating Revenue. Indicate which of the three revenue accounts would be credited to record the following transactions, or None if none of the accounts is appropriate. Fees for educational program offered to nurses Choose... Gains on sale of unrestricted investments Proceeds from bond sale Choose... Choose... Contributions for a term endowment Choose... Princess Alice makes a cash gift which has no strings attached. Choose... Cafeteria sales to visitors Choose... Dividends from Unrestricted investments Choose... Pharmacy sales to patients Choose... Operating rooms fees Snack bar sales Choose... Choose... Nonoperating Revenue - Unrestricted Other Operating Revenue permanently restricted Other Operating Revenue - temporarily restricted Patient Services Revenue - Unrestricted Other Operating Revenue - Unrestricted None Nonoperating Revenue - temporarily restricted Nonoperating Revenue permanently restricted
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