Question
A private not-for-profit health care entity has the following account balances: Revenue from newsstand $ 49,000 Amounts charged to patients 790,000 Interest income 29,000 Salary
A private not-for-profit health care entity has the following account balances:
| Revenue from newsstand | $ | 49,000 |
| Amounts charged to patients | 790,000 | |
| Interest income | 29,000 | |
| Salary expensenurses | 99,000 | |
| Provision for bad debts | 10,000 | |
| Undesignated gifts | 79,000 | |
| Contractual adjustments | 109,000 | |
What is reported as the organizations net patient service revenue?
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$790,000
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$869,000
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$671,000
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$681,000
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
