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help please P18-1 (Reporting Classifications) Government Hospital Financial Reporting Classifications Statement of Revenues, Expenses, Statement of Net Position and Changes in Net Position CA Current
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P18-1 (Reporting Classifications) Government Hospital Financial Reporting Classifications Statement of Revenues, Expenses, Statement of Net Position and Changes in Net Position CA Current Assets OOR Other Operating Revenues PPE Property, Plant, and Equipment NG Nonoperating Gains IA Intangible Assets NSE Nursing Services Expenses Other Assets OPE Other Professional Services Expenses CL Current Liabilities GSE General Services Expenses LTL Long-Term Liabilities FSE Fiscal Services Expenses Net Position ASE Administrative Services Expenses PSR Patient Service Revenues OE Other Expenses NP Using the preceding abbreviations, indicate how each of the following items should be reported in these two hospital financial statements. If none of the preceding items is appropriate, explain how the item should be reported. 1. Anesthesiology expenses 2. Qualifying expenses under a restricted government grant 3. Provision for bad debts 4. Capital asset (currently in use) purchased from donor-restricted resources 5. Expiration of term endowments-restricted to use for plant expansion 6. Gain on sale of equipment 7. Admitting office expenses 8. Donated services 9. Bond sinking fund 10. Cash and investments set aside by board to finance cancer research 11. Emergency services expenses 12. Unrestricted contributions _13. Bonds payable (issued to finance construction underway) 14. Provision for depreciation 15. Gift restricted for operations 16. Intensive care expenses 17. Power plant expenses 18. Income and gain from board-designated funds 19. Dietary service expenses 20. Interest expenseStep by Step Solution
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