knowledge of account

Danielloyd

Main
Similar Questions

Home >Homework Answsers >Business & Finance homework help >Accounting homework help

Complete all of the activities in this template, attached

Part II: Preparing a Bank Deposit, Activity 2 

Part III: Managing the Healthcare Facility Business Bank Account 

Part IV: Reconciling a Bank Statement Also, utilizing the year ended Statement(above) compare the figures for 2013 and 2012. Compose a narrative of possible explanations for the documented charges in the year-end figures for the organization. Your response should be 150-200 words in length

Table 18-2 Happy Hospital Statement of Operations As of December 31, 2013 and December 31, 2012

	Year Ended December 31
	2013	2012
Unrestricted Revenues
Net Patient Service Revenue	$ 51,119,826	$ 48,659,436
Other Operating Revenue	2,989,626	3,136,716
Total Unrestricted Revenues	54,109,452	51,796,152
Expenses
Wages	47,325,259	45,076,683
Insurance	1,005,783	1,024,889
Inventory	1,275,524	1,053,367
Depreciation	2,561,982	2,421,597
Provision for Uncollectible Accounts	2,770,044	2,237,701
Total Expenses	54,938,592	51,814,237
(Loss) From Operations Before Adjustments to Prior Year Third-Party Payer Settlements and Pension Expense in Excess of Plan Contribution	(829,140)	(18,085)
Pension Expense in Excess of Plan Contribution	(1,001,373)	(451,432)
Adjustments to Prior Year Third-Party Payer Settlements	329,626	1,360,937
Operating (Loss) Income	(1,500,887)	891,420
Nonoperating Gains
Investment Income	3,815,629	96,280
Unrestricted Gifts and Bequests	33,654	334,067
Other Miscellaneous Income	195,363	12,300
Nonoperating Gains	4,044,646	442,647
Excess of Revenues and Gains Over Expenses	2,543,759	1,334,067
Other Changes in Unrestricted Net Assets
Changes in Net Unrealized Gain on Investments	966,956	6,431,704
Increase in Unrestricted Net Assets	$ 3,510,715	$ 7,765,771