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E2.4. Tarzan Hospital began operations on January 1, 20X1, with $10,000 of assets, $6,000 of liabilities, and $4,000 of net assets. Following are the ledger
E2.4. Tarzan Hospital began operations on January 1, 20X1, with $10,000 of assets, $6,000 of liabilities, and $4,000 of net assets. Following are the ledger accounts at December 31, 20X1: Assets 10,000 500 1,500 1,100 5,000 3,200 4,200 4,200 Expenses 1,100 3,200 Liabilities 500 6,000 1,500 Net Assets Revenues 5,000 4,000 Required: Reconstruct the 20X1 transactions of Tarzan Hospital to the extent possible
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