Complete the Journal Entries and Corresponding T account records that are provided in "Journal Entries" woksheet

By using the Information provided fill out Not-for-Profit Ledger including the beginning and ending balances

By using the information provided and information generated in the ledger, prepare balance sheet

By using the information provided and the information was generated calculate depreciation expense by using 3 different methods of depreciation methods as of December 31 2018

By using the information provided and information that was generated in the ledger, prepare Income Statement as of December 31 2018

By using the information provided and information that was generated, prepare Cash Flow statement as of December 31 2018

"Journal Entries"

These are the transactions that took place during Fiscal Year 2018 Prepare journal entries and a T-Account entry for each of the following transactions:

1. $70,000 worth of medical inventories were purchased. $10,000 was paid in cash and other part was paid on account.

2. A Ten-year fire insurance policy was purchased from the insurance company for $55,000.

3. Puchased a new MRI image machine for $ 200,000 , paid $8,000 for transportation and paid $7, 000 for installment.

4. Patient discharged who used $30,000 of inventory.

5. Bills are submitted to insurance companies in the amount of $80,000 for services rendered to patients.

6. Cash payments of $100,000 are received for services previously provided and billed.

7. Wages due to employees that had been previously recorded as a liability are now paid in cash in the amount of $15,000.

8. At year of end annual Mortgage payment made $25,000 principle, $50,000 interest.

9. End of year adjustment - One year insurance used.

10. End of year adjustment - One year depreciation of MRI machine purchased at the beginning of the year . Useful life for MRI machine is 5 years. The salvage value is $30,000 - Please use Double Declining Balance depreciation here