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a, b and c 16. Multiple statements. The following are account balances (in thousands) on September 30, 20x1, for Marview Medical Center, Prepare (a) a

a, b and c image text in transcribed
16. Multiple statements. The following are account balances (in thousands) on September 30, 20x1, for Marview Medical 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 (in '000s) Administrative expense $35,000 Depreciation expense $33,000 Cash $42,000 General expense $85,000 Patient revenue (net of contractuals) $555,000 Transfer to parent corporation $7,000 Gross accounts receivable $53,000 Beginning balance, unrestricted net assets $155,600 Ending balance, temporarily restricted net assets $5,000 Accounts payable $24,000 Wages payable $14,000 Beginning balance, temporarily restricted net assets $13,000 Prepaid expenses $8,000 Provision for bad debt expense $6,500 Long-term debt $482,300 Labor expense $144,000 Supply expense $61,000 Accumulated depreciation $100,000 $660,000 Gross plant, property, and equipment $11,000 Ending / beginning balance, permanently restricted net assets $8,000 Net assets released from restriction for operations $356,300 Ending balance, unrestricted net assets $5,000 Uncollectibles in accounts receivable $4,100 Accrued expenses $9,000 Inventory $9,200 Temporary investments $6,200 Premium revenue $3,000 Other revenue $222,000 Long-term investments, unrestricted $1,500 Current portion of long-term debt

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