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Sacred Heart Hospital had the following closing entries for the year ended December 3 1 , 2 0 1 7 : Reclassification to unrestricted net
Sacred Heart Hospital had the following closing entries for the year ended December : Reclassification to unrestricted net assets Satisfaction of equipment acquisition restrictions $ Operating revenues: patient service revenue Operating revenues: other revenue Nonoperating investment income: unrestricted Nonoperating: net realized and unrealized gains on investments Unrestricted net assets Contractual adjustments: unrestricted Operating expenses: professional care of patients Operating expenses: general services Operating expenses: administration Donor restricted net assets Reclassification from donor restricted net assets: satisfaction of plant acquisition restrictions Nonoperating contribution revenue: donor restricted Donor restricted net assets Required: Prepare a statement of operations for the year ended December Prepare a statement of changes in net assets for the year ended December assuming beginning net assets are $
Sacred Heart Hospital had the following closing entries for the year ended December :
Reclassification to unrestricted net assets
Satisfaction of equipment acquisition restrictions $
Operating revenues: patient service revenue
Operating revenues: other revenue
Nonoperating investment income: unrestricted
Nonoperating: net realized and unrealized gains on investments
Unrestricted net assets
Contractual adjustments: unrestricted
Operating expenses: professional care of patients
Operating expenses: general services
Operating expenses: administration
Donor restricted net assets
Reclassification from donor restricted net assets:
satisfaction of plant acquisition restrictions
Nonoperating contribution revenue: donor restricted
Donor restricted net assets
Required:
Prepare a statement of operations for the year ended December
Prepare a statement of changes in net assets for the year ended December assuming beginning net assets are $
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