Choose the best answer.

Under accrual accounting, which of the following is true?

Group of answer choices

A. Patient revenue is only recorded when the cash payment is received

B. On the income statement, net patient revenue is calculated by subtracting accounts receivable from gross patient service revenue (total charges).

C. Supplies expense is only recorded when goods are received (e.g., when ordered supplies are delivered by the vendor to the healthcare organization)

D. Salaries expense is only recorded when payroll checks are written

E. Depreciation expense is recorded during the accounting period to match the cost of long-lived assets with the revenue produced