Need help with problem number 3

1. What are interim financial statements? 2. Why are interim financial statements prepared? 3. Happy Hospital paid $145,700 of salaries and wages during the month of May 19x1. The hospital's balance sheets reported accrued salaries and wages payable as follows: April 30, 19X1 $31,200 37,800 May 31, 19X1 t should be reported as salaries and wages expense in the hospital's statement What amoun of operations for the month ended May 31, 19X1? A private enterprise began operating a gift shop in Hope Hospital on May 1, 20X1. At that time, the hospital received a year's rent ($3,000) in advance. The $3,000 was credited to deferred rental income. Assuming that the hospital prepares monthly statements, make the necessary adjusting entry at September 30, 20x1. What is your understanding of the non-GAAP statement of operations? What deferred revenues? Give two examples