pls solve this ques I'll give you multiple upvotes. 67. The Johnson Hospital, a private not-for-profithospital, received the following revenues in the cur-rent year:Proceeds from sales of the Hospital'sflower shopDividends and interest revenuenot restrictedCash contributions for the renovation ofthe children's ward in the Hospital$60,000$20,000$200,000Which of these amounts should be reported as otherrevenues and gains (other revenue) on the Statementof Operations?a. $280,000b. $60,000c. $80,000d. $260,000

The other revenue means the revenue received from non-operating activities of the entity.

Answered: revenues and gains (other revenue) on…

Business

Accounting

revenues and gains (other revenue) on the Statement of Operations?

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter23: Exempt Entities

Section: Chapter Questions

Problem 17P

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