Daniel, an auditor, is performing a routine review of a not-for-profit hospital and notes the following account balances in the statement of activities for the fiscal year ending September 30, 2017:
What amount should the hospital report as net patient service revenue in its statement of activities for the fiscal year ending September 30, 2017?
A) $4,080,000
B) $4,140,000
C) $4,030,000
D) $4,410,000
Correct Answer:
Verified
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