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A private not-for-profit health care entity has the following account balances: Revenue from newsstand $ 50,000 Amounts charged to patients 800,000 Interest income 30,000 Salary
A private not-for-profit health care entity has the following account balances:
Revenue from newsstand | $ | 50,000 |
Amounts charged to patients | 800,000 | |
Interest income | 30,000 | |
Salary expensenurses | 100,000 | |
Provision for bad debts | 10,000 | |
Undesignated gifts | 80,000 | |
Contractual adjustments | 110,000 | |
What is reported as the organizations net patient service revenue?
Multiple Choice
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$800,000
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$880,000
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$680,000
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$690,000
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