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The list options are as follows contractual agreements no revenue other revenue (exchange) other revenue (nonexchange) parient service revenue Caring Community Hospital, a not-for-profit hospital,

The list options are as follows
contractual agreements
no revenue
other revenue (exchange)
other revenue (nonexchange)
parient service revenue
image text in transcribed
Caring Community Hospital, a not-for-profit hospital, recorded the following transactions. Required For each of the transactions, indicate which revenue classification would be affected by selecting the appropriate revenue or gain classification from the list. Sections B Soctions A 1. Received $20 as co-pay from a patient for an outpatient visit. Billed $500 to insurance, 2. Gift shop sales amounted to $1,500. 3. Citizen's Health Insurance paid $350 as final payment on the $500 billed for the patient in transaction 1. 4. The hospital provided medical care valued at $20,000 for homeless citizens 5. A grateful patient contributed $1,000 for unrestricted uso by the hospital 6. The hospital received $500 for CPR training it provided to the city fire department 7. The local retirees association contributed $2,000 of labor at the hospital information desk. B The hospital received a $10,000 federal grant to provide immunizations to children 9 Patient accounts of $500 were written off as uncollectible. 10. Pharmaceutical firms donated recently approved drugs valued at $8,000. The hospital uses a similar type drug in its operations

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