Given the following, calculate the excess of revenues over expenses for the year. Total operating expenses = $9,500 Gross patient services revenues = $10,300 Nonoperating income = $140 Deductions from patient services revenues = $1,100 Other operating income = $600

Principles of Accounting Volume 2
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Chapter12: Balanced Scorecard And Other Performance Measures
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Problem 4PA: Jefferson Memorial Hospital is an investment center as a division of Hospitals United. During the...
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Given the following, calculate the excess of revenues over expenses for
the year.
Total operating expenses = $9,500
Gross patient services revenues = $10,300
Nonoperating income = $140
Deductions from patient services revenues = $1,100
Other operating income = $600
Transcribed Image Text:Given the following, calculate the excess of revenues over expenses for the year. Total operating expenses = $9,500 Gross patient services revenues = $10,300 Nonoperating income = $140 Deductions from patient services revenues = $1,100 Other operating income = $600
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