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15. Multiple statements. The following are account balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a) a balance sheet, (b) a statement
15. Multiple statements. The following are account balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a) a balance sheet, (b) a statement of operations, and (c) a statement of changes in net assets for September 30, 20X1. Givens Insurance expense Depreciation expense $55,000 $33,000 $61,000 $255,000 $1,100,000 $55,000 $350,000 $275,000 $48,000 $23,000 $37,000 $70,000 $8,000 8,000 $270,000 General expense Patient revenue (net of contractuais) Transfer to parent corporation Net accounts receivable Beginning balance, unrestricted net assets Ending balance, temporarily restricted net assets counts payable Wages payable Beginning balance, temporarily restricted net assets Prepaid expenses Provision for bad debts Long-term debt 15. Multiple statements. The following are account balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a) a balance sheet, (b) a statement of operations, and (c) a statement of changes in net assets for September 30, 20X1. Givens Insurance expense Depreciation expense $55,000 $33,000 $61,000 $255,000 $1,100,000 $55,000 $350,000 $275,000 $48,000 $23,000 $37,000 $70,000 $8,000 8,000 $270,000 General expense Patient revenue (net of contractuais) Transfer to parent corporation Net accounts receivable Beginning balance, unrestricted net assets Ending balance, temporarily restricted net assets counts payable Wages payable Beginning balance, temporarily restricted net assets Prepaid expenses Provision for bad debts Long-term debt
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