Mercy Hospital does much indigent care because they are county hospital. The

total amount of indigent care for 2019 was $700,000. What is the accounting

treatment and financial statement reporting for that type of care?

A. The fair value amount should be written off as expense.

B. The fair value amount should be a reduction of revenues.

C. Nothing

D. The fair value amount of in the Allowance of Bad Debts.