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Ledger account balances (in alphabetical sequence) to be included in the statement of ac- tivities for Seaside Hospital (a nonprofit organization that has only a
Ledger account balances (in alphabetical sequence) to be included in the statement of ac- tivities for Seaside Hospital (a nonprofit organization that has only a general fund) for the fiscal year ended June 30, 2006, are as follows: Debit Credit (in thousands) Administrative services expenses Contractual adjustments Depreciation expense Doubtful accounts expense Fiscal service expenses General services expense Nursing services expense Other operating revenue Other professional services expense. Patient service revenue Unrestricted contributions revenue Unrestricted revenue from investments $280 140 340 80 180 360 560 $ 180 260 1.560 380 280 Instructions Prepare a statement of activities for Seaside Hospital (amounts in thousands) for the year ended June 30, 2006, ending with increase (decrease) in unrestricted net assets
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