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Drs. Smith and Jones Physician Group Balance Sheet For the Period Ending June 30, 2019 ASSETS CURRENT ASSETS $ Cash and Cash Equivalents Patients Accounts
Drs. Smith and Jones Physician Group Balance Sheet For the Period Ending June 30, 2019 ASSETS CURRENT ASSETS $ Cash and Cash Equivalents Patients Accounts Receivable Inventories - Supplies and Drugs 125,000 80,000 10,000 Total Current Assets $ 215,000 Property, plant and Equipment, Net Buildings Equipment Less: Accumulated Depreciation Net Depreciable Assets Land 1,500,000 875,000 2,375,000 (580,000) 1,795,000 600,000 Property, plant and Equipment, Net Other Assets 2,395,000 30,000 Total Assets 2,640.000 Llabilities and Capital Current Liabilities Current Maturities of Long Term Debt Accounts Payable and Accrued Expenses 110,000 240,000 Total Current Liabilities 350,000 Long Term Debt Less: Current Portion of Long Term Debt Net Long Term Debt 480,000 (15,000) 465.000 Total Liabilities 815,000 Capital 1,825,000 Total Liabilities and Capital 2,640,000 Drs. Smith and Jones Physician Group Balance Sheet For the Period Ending June 30, 2019 ASSETS CURRENT ASSETS $ Cash and Cash Equivalents Patients Accounts Receivable Inventories - Supplies and Drugs 125,000 80,000 10,000 Total Current Assets $ 215,000 Property, plant and Equipment, Net Buildings Equipment Less: Accumulated Depreciation Net Depreciable Assets Land 1,500,000 875,000 2,375,000 (580,000) 1,795,000 600,000 Property, plant and Equipment, Net Other Assets 2,395,000 30,000 Total Assets 2,640.000 Llabilities and Capital Current Liabilities Current Maturities of Long Term Debt Accounts Payable and Accrued Expenses 110,000 240,000 Total Current Liabilities 350,000 Long Term Debt Less: Current Portion of Long Term Debt Net Long Term Debt 480,000 (15,000) 465.000 Total Liabilities 815,000 Capital 1,825,000 Total Liabilities and Capital 2,640,000
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