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11. Balance sheet. The following are account balances as of September 30, 20X1, for Ray Hospital. Prepare a balance sheet at September 30, 20X1.
11. Balance sheet. The following are account balances as of September 30, 20X1, for Ray Hospital. Prepare a balance sheet at September 30, 20X1. (Hint: net assets will also need to be calculated.) Givens Gross plant, property, and equipment $70,000,000 Accrued expenses $6,000,000 Cash $8,000,000 Net accounts receivable $15,500,000 Accounts payable $7,000,000 Long-term debt $45,000,000 Supplies $3,000,000 Accumulated depreciation $5,000,000
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