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Create a balance sheet with the information below: Name of Organization: Springfield Memorial Rehabilitation Center Cash on Hand: $13,280 Owner's Capital: $240,725 Accounts Payable: State

Create a balance sheet with the information below:

Name of Organization: Springfield Memorial Rehabilitation Center

Cash on Hand: $13,280

Owner's Capital: $240,725

Accounts Payable:

State Medical Supplies, Inc. $12,540

Linens N Things $550

All-Med, Co. $1,250

Utilities $1,110

Medi, Inc $5,665

Expenses:

Program Services $11,500

Salaries $137,270

Medical Equipment: $126,355

Other Assets: $15,000

Accounts Receivable:

Patient Accounts $156,275

Social Security Administration $44,110

Property/Land: $437,442

Mortgage: $330,241 (Monthly payment: $8,200)

Investments: $42,525

Contributions and Grants: $64,247

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