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.

    • 9 years ago
    Net revenue
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      net_revenue_311.xlsx