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arny nsactions-plus multiple statements. List and record each transaction for the Clay- mont Outpatient Clinic, under the accrual basis of accounting, at December Then develop

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arny nsactions-plus multiple statements. List and record each transaction for the Clay- mont Outpatient Clinic, under the accrual basis of accounting, at December Then develop a balance sheet as of December 31, 20X1, and a statement of operations for the year ended December 31, 20x1. The clinic received a $10,000,000 unrestricted cashcotribution from the community Hint: this transaction increases the unrestricted net assets account.) b. The clinic purchased $4,500,000 of equipment. The clinic paid cash for the equipment c. The clinic borrowed $2,000,000 from the bank on a long-term basis. d. The clinic purchased $550,000 of supplies on credit. e. The clinic provided $8,400,000 of services on credit. f. In the provision of these services, the clinic used $420,000 of supplies. g. The clinic received $800,000 in advance to care for capitated patients. h. The clinic incurred $4,500,000 in labor expenses and paid cash for them. i. The clinic incurred $2,230,000 in general expenses and paid cash fo The clinic received $6,000,000 from patients and their third parties in payment of outstanding accounts k. The clinimet $440,000 of its obligation to capitated patients (transaction g). I. .The clinic made a $400,000 cash payment on the long-term loan. The clinic also made a cash interest paymentyof $40,000 A donor made a temporarily restricted donation of $370,000, which is set aside in n. temporey investmentseslted ys The clinic recognized$400,000 indepreciation for the year. The clinic estimated that 5850,000 of patient accounts would not be received, and established a provision for bad debt. dlwens o p. bid dept

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