Net revenue | Business & Finance homework help

Category: Business & Finance

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.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00