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A private not-for-profit health care entity has the following account balances: ...

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Accounting

A private not-for-profit health care entity has the following account balances:

Revenue from newsstand $ 49,000
Amounts charged to patients 790,000
Interest income 29,000
Salary expensenurses 99,000
Provision for bad debts 10,000
Undesignated gifts 79,000
Contractual adjustments 109,000

What is reported as the organizations net patient service revenue?

  • $790,000

  • $869,000

  • $671,000

  • $681,000

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