A community hospital lost money during its most recent fiscal year because it admitted a greater number of patients who had no healthcare coverage. A few weeks after the end of the fiscal year, the city approved an additional $500,000 subsidy for that care. How should the hospital accountants handle that transaction?

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The Answer of A community hospital lost money during its most recent fiscal year because it admitted a greater number of patients who had no healthcare coverage. A few weeks after the end of the fiscal year, the city approved an additional $500,000 subsidy for that care. How should the hospital accountants handle that transaction?

A Community Hospital Lost Money During Its Most Recent Fiscal