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A Not-For-Profit Hospital Uses Three Revenue-Controlling Accounts: Patient Service Revenue

Question 71

Essay

A not-for-profit hospital uses three revenue-controlling accounts: Patient Service Revenue, Other Operating Revenue, and Nonoperating Revenue.
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Required:
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Indicate which of the three revenue accounts would be credited to record the following transactions, or None if none of the accounts is appropriate.
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A not-for-profit hospital uses three revenue-controlling accounts: Patient Service Revenue, Other Operating Revenue, and Nonoperating Revenue. ? Required: ? Indicate which of the three revenue accounts would be credited to record the following transactions, or None if none of the accounts is appropriate. ?

Correct Answer:

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a. Other Operating Revenue, unrestricted...

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