Record the following transactions on the books of Fares Hospital, a private not-for-profit hospital.

(a) The Hospital billed patients AED960,000 for services rendered. Of this amount, 5% is expected to be uncollectible. Contractual adjustments with insurance companies are expected to total AED250,000.

(b) The Hospital received AED850,000 in pledges of support in a campaign undertaken to purchase new MRI equipment. All of the pledges are payable within one year and 4% are expected to be uncollectible.

(c) Charity care in the amount of AED66,000 was performed on an indigent patient. (d) The Hospital collected AED680,000 for the services performed in (a) above. Actual contractual adjustments for these services amounted to AED280,000. AED62,000 of receivables were identified as uncollectible and written off.