Cash Accrual Revenue & Debt

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Cash Accrual Revenue Debt.docx 

In a minimum of 300
words, respond to the following:

  • Select two different types of HCOs and comment on the
    most positive and most negative effects of using the cash versus accrual
    accounting method for the business. Additionally, include the effect of
    the choices on revenue recognition and matching principles.
  • Compare and contrast the following items, pointing out
    their key elements:
    • Gross revenue and net revenue
    • Patient service revenue and other revenue
    • Charity care and bad debt losses on the income sheet

Provide reasons for and
evidence in support of your responses.

Comment on the postings
of two of your classmates who chose a different business than yours.

Be sure to cite any
relevant resources used in framing your responses. Apply APA standards to cite
sources.