In This Month, There Were Several Patients That Had No

question 50

Essay

In this month, there were several patients that had no health insurance and due to their low income level, the hospital decided that $85,000 of receivables would not be collectible.
Required:
Prepare the necessary journal entry to reflect the decision to consider the $85,000 as charity care.

---

Definitions:

General

A term used broadly to describe something that applies to all or most cases or situations without being specific.

Specific

Clearly defined or identified; distinct from others.

Intervention

An action taken to improve a situation, especially a medical procedure or a social or psychological support measure.

Creating Hypotheses

The process of forming testable statements or predictions based on theoretical insights or observations.