Record the following events of Brooks Hospital:1. Patients were billed for the following gross charges:Room and board . . . . . . . . . . . . $400,000Physicians’ care. . . . . . . . . . . . . 350,000Laboratory and radiology . . . . . 110,0002. A donation of drugs with a fair value of $20,000 was received from a doctor. The drugs are normally purchased.3. Revenues were reported from:Newsstand and snack bar. . . . . $13,200Parking lot charges . . . . . . . . . . 2,200Vending machines. . . . . . . . . . . 9,8004. A charity allowance of $22,000 was granted to indigent patients.5. Contractual adjustments granted to patients forMedicare charges totaled $108,000.6. The hospital recorded an increase in the provision of $26,000 for uncollectible receivables.
Record the following events of Brooks Hospital:
1. Patients were billed for the following gross charges:
Room and board . . . . . . . . . . . . $400,000
Physicians’ care. . . . . . . . . . . . . 350,000
Laboratory and radiology . . . . . 110,000
2. A donation of drugs with a fair value of $20,000 was received from a doctor. The drugs are normally purchased.
3. Revenues were reported from:
Newsstand and snack bar. . . . . $13,200
Parking lot charges . . . . . . . . . . 2,200
Vending machines. . . . . . . . . . . 9,800
4. A charity allowance of $22,000 was granted to indigent patients.
5. Contractual adjustments granted to patients forMedicare charges totaled $108,000.
6. The hospital recorded an increase in the provision of $26,000 for uncollectible receivables.
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