Mary's Hospital is a not-for-profit business-oriented hospital. During the year, premium revenue from capitation agreements amounted to $210,000, all which was received in cash. Other Operating revenues, also collected in cash, are: $7,200 from the gift shop, $8,900 from parking lot fees, $4,100 om cafeteria operations and $25,300 from tuition. What is the appropriate journal entry to record this event? Multiple Choice Cash Operating revenues-W/o donor restrictions-Premium Revenue Operating revenues-W/o donor restrictions-Other Revenue Cash Operating revenues-W/o donor restrictions-Premium Revenue Operating revenues-With donor restrictions-Other Revenue Cash Operating revenues-W/o donor restrictions-Premium Revenue Non-Operating revenues-W/o donor restrictions-Other Revenue 255,500 255,500 255,500 210,000 45,500 210,000 45,500 210,000 45,500

Mary's Hospital is a not-for-profit business-oriented hospital. During the year, premium revenue from capitation agreements amounted to $210,000, all which was received in cash. Other Operating revenues, also collected in cash, are: $7,200 from the gift shop, $8,900 from parking lot fees, $4,100 om cafeteria operations and $25,300 from tuition. What is the appropriate journal entry to record this event? Multiple Choice Cash Operating revenues-W/o donor restrictions-Premium Revenue Operating revenues-W/o donor restrictions-Other Revenue Cash Operating revenues-W/o donor restrictions-Premium Revenue Operating revenues-With donor restrictions-Other Revenue Cash Operating revenues-W/o donor restrictions-Premium Revenue Non-Operating revenues-W/o donor restrictions-Other Revenue 255,500 255,500 255,500 210,000 45,500 210,000 45,500 210,000 45,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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