The following selected events and transactions were recorded by Milos County Hospital.

1. Gross charges for hospital services, all charged to accounts and notes receivable, were as follows:

Patient service revenue

$1,667,700

1. The hospital cafeteria and gift shop had cash sales of $296,700.
2. Additional information determined subsequently to recording patient service revenues and relating to the current year is as follows:

Contractual adjustments	$	646,000
Provision for bad debts		31,600
Charity care		262,800

1. A federal cost reimbursement research grant of $364,000 was awarded. As of the end of the year, $340,000 in expenses related to the grant had been made.
2. Vouchers totaling $1,358,740 were issued for the following items:

Fiscal and administrative services expenses	$	201,440
General services expenses		254,500
Nursing services expenses		599,000
Other professional services expenses		187,000
Inventory		108,200
Expenses accrued at December 31		8,600

1. Collections of accounts receivable totaled $1,173,000. Accounts written off as uncollectible amounted to $13,300.
2. Cash payments on vouchers payable (paid to employers and suppliers) during the year were $1,038,200.
3. Supplies of $101,170 were issued to nursing services.
4. On December 31, accrued interest income on investments was $2,200.
5. Depreciation of buildings and equipment was as follows:

Buildings	$	65,000
Equipment		87,000

11. On December 31, closing entries were made in the general journal. Required : Please answer below. (The ones in BOLD)

2) a-2. Prepare closing entries in accordance with the standards for a governmental health care entity that follows proprietary fund accounting. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Patient Service Revenue

Investment income

Revenues-Grants and Contributions

Revenues-Others

Net Position-Unrestricted

Contractual Adjustments

Provision for Bad Debts

Research Expense

Fiscal and Administrative Service Expenses

General Services Expenses

Nursing Services Expenses

Other Professional Services Expenses

Depreciation Expense