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How much is the total other revenues

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Reference no: EM132770498

Hope Hospital, an NPE, had the following transactions during the period:

  1. Sales of P120,000 from gift shop and cafeteria.
  2. Received P20,000 dividends from donated shares. The use of the dividends is unrestricted.
  3. A computer consultant upgraded Hope's information system for free. Hope would have paid P50,000 for those services if they had not been donated.
  4. Received donation of medicines worth P10,000 from a pharmaceutical company.

Problem 1: How much is the total other revenues?

Care Hospital, an NPE, had the following receipts during the year:

Net patient revenues 1,000,000

Premium revenue 200,000

Sales from canteen 300,000

Investment income 50,000

Contributions to be used in renovating the hospital 400,000

Problem 2: How much is the reported total revenue?

Reference no: EM132770498

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