A hospital arranges with a third party payer to charge

Assignment Help Accounting Basics
Reference no: EM13873853

A hospital arranges with a third party payer to charge the third party 75 percent of its established billing rates. During January 2012, the hospital provided services amounting to $ 1 million at the established billing rates. Prepare journal entries to record the January billings.

Reference no: EM13873853

Questions Cloud

Prefer debussy or mahler after listening to works : prefer Debussy or Mahler after listening to works by each at the Websites below or in this week's Music Folder and after reading about them.
A hospital arranges with an hmo to provide hospital care : A hospital arranges with an HMO to provide hospital care to the HMO members at a specific rate per member, per month. During June, the HMO paid the hospital $ 850,000, in accordance with the agreement
Draw game table for new version of simultaneous-play game : Draw the game table for this new version of the simultaneous-play mall location game. Find all of the Nash equilibria of the game. Identify the subgame-perfect equilibrium.
Question regarding the rate of heat transfer : The water experiences a temperature rise of 8°C. The air leaves the cooling section saturated at 20°C. Determine (a) the rate of heat transfer, (b) the mass flow rate of the water, and (c) the exit velocity of the air stream.
A hospital arranges with a third party payer to charge : A hospital arranges with a third party payer to charge the third party 75 percent of its established billing rates. During January 2012, the hospital provided services amounting to $ 1 million at the established billing rates.
Many ways that the united states has made tremendous : many ways that the United States has made tremendous progress in realizing equality for all Americans
When the patient tells the hospital that he will not be able : A governmental hospital provides $ 20,000 of services at established rates to a patient. The patient does not meet the hospital criteria for charity care. When the patient tells the hospital that he will not be able to pay the bill, how should the..
Essay on the rise of conservatism : Essay on The Rise of Conservatism
Characteristics of deviance : Deviance: -characteristics of deviance -deviance as a social construction -definition of deviance and definition of crime (distinction between the two concepts)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Internal control procedures are required to safeguard

internal control procedures are required to safeguard company assets and to ensure ethical operation of the business. 1

  In this 90 million are 1 million in mealsentertainment

dreamco has a financial statement income of 90 million in 2013. in this 90 million are 1 million in mealsentertainment

  Change in the net operating income

Calculate the change in the net operating income if an $8,000 increase in the monthly advertising budget would increase monthly sales by $15,000

  Estimate nanovos equity cost of capital use it to determine

nanovo inc. is a manufacturer of low-cost micro batteries for use in a wide variety of compact electronic devices such

  How much before-tax income must the firm earn to make an

power grid engineering associates inc. provides consulting services to commercial electric utilities. the consulting

  Journalize the transactions in a sales journal

The Accounts Receivable and Accounts Payable Subsidiary Ledgers along with the Inventory Control Sheet should be updated as each transaction affects them (daily).

  How much of the line of credit can gs cookie repay

At the beginning of the year, GS Cookie has a $15,000 balance outstanding on its line of credit at the local bank. Based on its cash budget, how much of the line of credit can GS Cookie repay in January and February

  What gain or loss must be recognized on the distribution

What gain or loss must be recognized on the distribution, and who must recognize it?

  Adjusting entries shabbona corporation operates a retail

adjusting entries shabbona corporation operates a retail computer store. to improve delivery services to customers the

  Purposes of standard cost accounting connection-suppose you

purposes of standard cost accounting connection-suppose you were a management consultant and the client asked you the

  On august 31 jenks co partially refunded 180000 of its

on august 31 jenks co. partially refunded 180000 of its outstanding 10 note payable made one year ago to arma state

  Accounts receivable turnover for the period

A company has net sales of $410,000 and average accounts receivable of $82,000. What is its accounts receivable turnover for the period?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd