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Prepare the journal entries for the transactions below for a non-profit hospital general fund.(all amounts are in thousands) (1)Received $35 from the plant replacement and
Prepare the journal entries for the transactions below for a non-profit hospital general fund.(all amounts are in thousands)
(1)Received $35 from the plant replacement and expansion fund for acquiring fixed assets.
(2)Recorded the following operating expenses:
Depreciation expense$16
Bad debt expense8
Inventories10
Donated services4
(3)Approved contractual adjustments of $125 from patients' bills.
(4)Provided $2,100 of patient services.
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