The following events are for a not-for-profit hospital. The hospital records expense data based on the nature of the expense, such as wages, salaries, and benefits.

Required: Prepare the necessary journal entries.

1. Use comma in numbers, one thousand is 1,000, not 1000. No $ sign.

2. If no entry is required, write N/A.

3. For accounts, only use the following: Cash, A/Rec, Exp-Uncoll, Exp-ContAdj, Exp-ProfServ, Exp-NurServ, Salary/P, Allowance for Uncoll, Inventory, UnR/Rev, TempR/Rev, PermR/Rev, UnR/NetA, TempR/NetA, PermR/NetA.

4. Copy account names accurately to receive credits. Names are not case sensitive.

a. Patient services amount to $300,000 including $50,000 charity care. A 5% allowance for uncollectibles is to be recorded.

Account Dr.

Account Cr.

Account Dr.

Account Cr.

b. Of $70,000 gross billings in part (a), third-party payors remitted $62,000 in full settlement. The remaining $8,000 is a contractual adjustment.

Account Dr.

Account Dr.

Account Cr.

c. Supplies costing $77,000 were requisitioned from inventory maintained on a perpetual basis. These supplies were used by professional services.

Account Dr.

Account Cr.

d. Nurses' salaries of $110,000 were incurred. Of this amount, $8,000 of accrued benefits were unpaid. Ignore payroll deductions.

Account Dr.

Account Cr.

Account Cr.

e. $200,000 of the temporarily restricted net assets are reclassified to cover specified, current operations.

Account Dr.

Account Cr.