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The following are account balances for Northern Lights Hospital as of March 31, 2021. Prepare a statement of operations for the 12 months period ending
The following are account balances for Northern Lights Hospital as of March 31, 2021. Prepare a statement of operations for the 12 months period ending March 31, 2021 Givens: Insurance Expense $55,000 Net Assets Released from Restriction $22,000 Labour Expense $470,000 Patient Revenues $1,100,000 General Expense $255,000 Provision for Bad Debt $8,000 Supply Expense $65,000 Transfer to Parent Corporation $55,000 Depreciation Expense $33,000
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