1- From the following information you are required to prepare a Balance sheet for a not-for-profit Hospital as on 31^st December, 2017.

4. From the following information you are required to prepare a Balance sheet for a not- for-profit Hospital as on 31st December, 2017. Particulars Debit Credit Assets $ 60,000 100,000 69,000 28,000 15,000 18,000 268,000 136,200 310,000 475,000 Current: Cash & Cash Equivalents Receivables Contributions and pledges receivables Inventories Prepaid expenses Total current assets Assets limited as to use: Cash restricted as to use for plant expansion and endowment Investment restricted as to use for plant expansion and endowment Total limited assets Investments (at fair value) Property and Buildings Plant and equipment Net property plant and equipment Total Assets Liabilities Current: Net Payables Accrued expenses Advance from third parties Deferred revenue Total current liabilities Long-term debt: Mortgagee payable Total Liabilities Additional Information a) Estimated uncollectible b) Accumulated depreciation: Plant and Equipment Property and Buildings c) Unrestricted d) Temporarily restricted by donors: e) Permanently restricted by donors: $ 330,000 60,000 120,000 16,000 200,000 . $ 8,000 : $ 130,000 $ 100,000 $ 221,000 $ 53,200 $ 241,000