Sacred Heart Hospital had the following closing entries for the year ended December 31, 2017: Reclassification to unrestricted net assets Satisfaction of equipment acquisition restrictions Operating revenues: patient service revenue Operating revenues: other revenue Non-operating investment income: unrestricted $150,000 3,750,000 30,000 10,000
Sacred Heart Hospital had the following closing entries for the year ended December 31, 2017: Reclassification to unrestricted net assets Satisfaction of equipment acquisition restrictions Operating revenues: patient service revenue Operating revenues: other revenue Non-operating investment income: unrestricted $150,000 3,750,000 30,000 10,000
Chapter1: Financial Statements And Business Decisions
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