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(Note: Question 72 is a Kaplan CPA Review Question) The Weyman Hospital, a private, not-for-proft institution, reported the following information: Gross patient service revenue Allowance
(Note: Question 72 is a Kaplan CPA Review Question) The Weyman Hospital, a private, not-for-proft institution, reported the following information: Gross patient service revenue Allowance for discounts to hospital employees Bad debt expense Contractual adjustments $1,000,000 20,000 40,000 100,000 What amount should the hospital report as net patient service revenue? O $840,000 ?. $880,000 o $900,000 O $980.000
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