he following items/events relate to hospitals covered. Classify each of the following items as follows: A. Event is reported on the “Statement of Operations” below the performance indicator. B. Event is reported on the “Statement of Operations” above the performance indicator. C. Event affects only the restricted net assets portion of the Statement of Changes in Net Assets D. Event affects both the Statement of Operations above the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. E. Event affects both the Statement of Operations below the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets. F. Event affects only the Statement of Financial Position. G. Event is reported only in the notes to the financial statements. Unrealized losses on unrestricted trading securities. Answer 16 Gift of land from wealthy benefactor for construction of new clinic. Assume that construction has begun. Answer 18
The following items/events relate to hospitals covered. Classify each of the following items as follows:
A. Event is reported on the “Statement of Operations” below the performance indicator.
B. Event is reported on the “Statement of Operations” above the performance indicator.
C. Event affects only the restricted net assets portion of the Statement of Changes in Net Assets
D. Event affects both the Statement of Operations above the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets.
E. Event affects both the Statement of Operations below the performance indicator and the restricted net assets portion of the Statement of Changes in Net Assets.
F. Event affects only the
G. Event is reported only in the notes to the financial statements.
|
Unrealized losses on unrestricted trading securities. |
Answer 16 |
|
Gift of land from wealthy benefactor for construction of new clinic. Assume that construction has begun. |
Answer 18 |
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
