Question
Foster Hospital's 20X2 statement of operations reported rental income of $8,200. The hospital's balance sheets reported deferred rental income as follows: 12/31/X1 $1,700 12/31X2 $1,300
Foster Hospital's 20X2 statement of operations reported rental income of $8,200. The hospital's balance sheets reported deferred rental income as follows:
12/31/X1 $1,700
12/31X2 $1,300
What was the amount of rent acctually received in cash during 20X2?
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Financial Accounting And Equity Markets
Authors: Philip Brown
1st Edition
1138617083, 978-1138617087
