In: Accounting
During 2017, the following transactions were recorded by the Port Hudson Community Hospital, a private sector not-for-profit institution.
Utilities | $ | 142,900 |
Insurance | 82,400 | |
Required:
a. Record the transactions in the general journal
of the Port Hudson Community Hospital.
b. Prepare a Statement of Operations for the Port
Hudson Community Hospital for the year ended December 31, 2017.
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If you could show how you got the answers, that would be great! Thanks!