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How much is the total other revenues

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Reference no: EM132777580

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Q1. 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.

How much is the total other revenues?

Q2. 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

How much is the reported total revenue?

Reference no: EM132777580

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