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chapter 4: The Balance sheet and statement of Cash Flows ider the following balance sheet: Best Care HMO Balance Sheet June 30, 2011 (in thousands)

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chapter 4: The Balance sheet and statement of Cash Flows ider the following balance sheet: Best Care HMO Balance Sheet June 30, 2011 (in thousands) Assets Current Assets: Cash $2,737 Net premiums receivable 821 Supplies 387 Total current assets S3,945 Net property and equipment $5,924 Total assets $9,869 Liabilities and Net Assets Accounts payable-medical Services $2,145 Accrued expenses 929 Notes payable 382 Total current liabilities $3,456 Long-term debt S4,295 Total liabilities $7,751 Net assets-unrestricted (equity) $2,118 Total liabilities and net assets $9,869 141 chapter 4: The Balance sheet and statement of Cash Flows ider the following balance sheet: Best Care HMO Balance Sheet June 30, 2011 (in thousands) Assets Current Assets: Cash $2,737 Net premiums receivable 821 Supplies 387 Total current assets S3,945 Net property and equipment $5,924 Total assets $9,869 Liabilities and Net Assets Accounts payable-medical Services $2,145 Accrued expenses 929 Notes payable 382 Total current liabilities $3,456 Long-term debt S4,295 Total liabilities $7,751 Net assets-unrestricted (equity) $2,118 Total liabilities and net assets $9,869 141

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