financial statements

Complete?Question 15-1, in approximately 30 to 90 words
15-1. Identify the financial statements that must be prepared by a private college or university and those that must be prepared by a public college or university.
Complete?Exercise 16-19, a and b
16-19 Revenue and Related Transactions.?During its current fiscal year, Evanston General Hospital, a not-for-profit health care organization, had the following revenue-related transactions (amounts summarized for the year).
? Services provided to inpatients and outpatients amounted to $9,600,000, of which $450,000 was for charity care, $928,000 was paid by uninsured patients, and $8,222,000 was billed to Medicare, Medicaid, and insurance companies.
? Donated pharmaceuticals and medical supplies valued at $265,000 were received and utilized as general expenses.
? Medicare, Medicaid, and third-party payors (insurance companies) approved and paid $5,365,000 of the $8,222,000 billed by the hospital during the year (see transaction 1).
? An unconditional contribution of $5,000,000 was received in cash from a donor to construct a new facility for care of Alzheimers patients. The full amount is expendable for that purpose. No activity occurred on this project during the current year.
? A total of $965,000 was received from the following activities/sources: cafeteria and gift shop sales, $710,000; medical seminars, 125,000; unrestricted transfers from the Evanston General Hospital Foundation, $75,000; and fees for medical transcripts, $55,000.
? Uncollectible accounts totaling $3,250 were written off. The allowance for uncollectible receivables was increased by $1,170.
Required
? Record the preceding transactions in general journal form.
? Prepare the?unrestricted revenues, gains, and other support?section of Evanston General Hospital’s statement of operations for the current year, following the format in?? Illustration 16-4.