QUESTION 3 1. Patient accounts receivable Patient service revenue 3,300,000 3,300,000 a. Provision for contractual adjustments Patient accounts receivable 400,000 400,000 b. 100,000 100,000 C. 25,000 Provision for contractual adjustments Patient accounts receivable Provision for uncollectible accounts Allowance for uncollectible receivables Provision for charity care Patient accounts receivable 25,000 d. 200,000 200,000 2. 56,000 56,000 3. . Inventories Accounts payable Health care services General expenses Administrative expenses Accounts payable 2,140,000 200,000 90,000 2,430,000 Cash-- nursing education Cash 30,000 30,000 Unrestricted fund balance 30,000 Unrestricted fund balance designated for nursing educ. 30,000 5. Cash Premium revenue 300,000 300,000 6. 2,200,000 13,000 Cash Allowance for uncollectible receivables Patient accounts receivable Accounts payable Cash 2,213,000 7. 1,900,000 1,900,000 8. Health care services General expenses Inventories 30,000 20,000 50,000 9. Depreciation expense--building Depreciation expense--equipment Accumulated depreciation--building Accumulated depreciation--equipment 40,000 50,000 40,000 50,000 10. Bonds payable Interest expense Cash 100,000 120,000 220,000 100,000 Bonds payable Current portion of bonds payable 100,000 11. Health care services Claims payable 50,000 50,000 40,000 12. Provision for contractual adjustments 40,000 Estimated third-party payer settlements Required: 1. Post the journal entries to the T accounts 2. Prepare the Statement of Revenues, Expenses, and Changes in Net Position