Expenses (4)
Posted on January 26, 2009 - Filed Under Finance | Leave a Comment
The next expense category on Sunnyvale’s income statement is provision for bad debts. As discussed previously, the clinic reports as revenue in each year the charges for services provided minus discounts and charity care. Thus, it either collected, or expects to collect, a total of $169,013,000 for patient services provided in 2004. However, past experience […]
Read More..>>Expenses (3)
Posted on January 25, 2009 - Filed Under Finance | Leave a Comment
To match the cost of fixed assets to the revenues produced by such long-lived assets, accountants use the concept of depreciation expense, which spreads the cost of a fixed asset over many years. Note that most people use the terms “cost” and “expense” interchangeably. To accountants, however, the terms can have different meanings. Depreciation expense […]
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Posted on January 24, 2009 - Filed Under Finance | Leave a Comment
The expense item titled supplies represents the cost of supplies (primarily medical) used in providing patient services. Sunnyvale does not order and pay for supplies when a particular patient service requires them. Rather, the clinic’s managers estimate the usage of individual supply items, orders them beforehand, and then maintains a medical supplies inventory. As readers […]
Read More..>>Expenses
Posted on January 23, 2009 - Filed Under Finance | 1 Comment
Expenses are the costs of doing business. As shown in Table 3.1, Sunnyvale reports its expenses in categories such as salaries and benefits, medical supplies, insurance, and so on. According to GAAP, expenses may be reported using either a natural classification, which classifies expenses by the nature of the expense, as Sunnyvale does, or a […]
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Posted on January 22, 2009 - Filed Under Finance | Leave a Comment
Cooking usually is done by women. But nowadays there are many famous chefs in the world are men. The reason for some people didn’t like to cook because of they don’t want to mess around in the kitchen. Also they don’t want to get the smell of the cook.
Read More..>>Revenues (5)
Posted on January 22, 2009 - Filed Under Finance | Leave a Comment
At this point, it is worthwhile to spend some time on historical perspective. Until 1996, healthcare providers reported gross patient service revenue based on the charge master, deductions for contractual allowances and charity care, and net patient service revenue directly on the income statement. This made the income statements of healthcare providers different from businesses […]
Read More..>>Many Chats Room for You
Posted on January 22, 2009 - Filed Under Finance | Leave a Comment
If you looking some friends for chat, you can visit talk121.com. Get the complete information, and then you can have a Dallas chat room today. You can get free unlimited talk time here by call the special number 509-676-1000. Get also information about Houston Chat room here. Or you can also try New York chat […]
Read More..>>Revenues (4)
Posted on January 21, 2009 - Filed Under Finance | Leave a Comment
Most health services organizations have revenue besides that arising from patient services, and Sunnyvale is no exception. In 2004, Sunnyvale reported other revenue of $7,079,000. One major source of other revenue is interest earned on securities investments. Although not shown directly on the income statement, the footnotes to the financial statements indicated that the clinic […]
Read More..>>Choose Your Essay Help
Posted on January 21, 2009 - Filed Under Finance | Leave a Comment
When you are required to write an essay as one of the requirements to pass a level of education, you are presented with various choices to write your assignment. The best way you can do is writing the essay as required, consult to your lecturer according to the schedule, write the essay properly and submit […]
Read More..>>Build Your Natural Smile
Posted on January 21, 2009 - Filed Under Finance | Leave a Comment
Having good smile is one of the dreams that want to be achieved from people in all over the world. With good smile, there are lots of people who will look at you and get impressed with your smile. However, there are several kinds of problems that often happen that can make you difficult in […]
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