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Jordan an auditor, is performing a routine review of a not-for-profit hospital and noted the following account balances in the statement of operations for the fiscal year ending Sept. 30, 2011: Gross patient service revenue from all $ 4,450,000 services at the hospital's established billing rate Bad debt expense $ 90,000 Contractual adjustments $ 420,000 Calculate the amount the hospital would report as net patient service revenue in its statement of operations for the fiscal year ending Sept. 30, 2011.
1. compare and contrast typical accounting information systems in a small under 2 million sales 10 employees company
Doug pays a county personal property tax on his automobile of $1,500. The $1,500 includes $800 based on the weight of the car and $700 based on the value of the car. How much of the tax can Doug deduct on his tax return?
The SEC currently requires foreign companies that list shares on U.S. exchanges to provide:
A certain airplane has two independent alternators to provide electrical power.The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that (a) both will fail? (b) Neither will fail? (c) One or the othe..
colter company prepares monthly cash budgets. relevant data from operating budgets for 2014
on february 1 2010 the balance of the retained earnings account of blue power corp. was 630000. revenues for feb.
Each year the supervisor prepares an operating budget for the motor pool. The budget informs university management of the funds needed to operate the pool. Depreciation on the automobiles is recorded in the budget in order to determine the costs p..
when a company applies the partial equity method in accounting for its investment in a subsidiary and initial value, book values, and fair values of net assets acquired are all equal, what consolidation worksheet entry would be made?
During 2010, Shirley Nutt, the sole shareholder of a calendar year S corporation, received a distribution of $16,000. On December 31, 2009, her stock basis was $4,000.
how much property can herman a widower give to his four married children their spouses and eight grandchildren over a
What is the amount of interest income that should be recognized by Jacobs in 2010, using the effective-interest method?
carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent
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