Health care, multiple-choice. Select the best answer for each of the following multiple-choice items dealing with hospitals: 1. In June 2018, Park Hospital purchased medicines from Jove Pharmaceutical...

Health care, multiple-choice. Select the best answer for each of the following multiple-choice items dealing with hospitals:

1. In June 2018, Park Hospital purchased medicines from Jove Pharmaceutical Company at a cost of $2,000. However, Jove notified Park that the invoice was being canceled and the medicines were being donated to Park. Park should record this donation of medicines as

a. a memorandum entry only.

b. other operating revenues of $2,000.

c. a $2,000 credit to Operating Expenses.

d. a $2,000 credit to Nonoperating Expenses.