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E4.2. Doit Hospital provides you with the following information: Assets $350,000 Liabilities 150,000 Hospital net assets 180,000 Chapter Four: Worksheets, Financial Statements, and Closing Entries

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E4.2. Doit Hospital provides you with the following information: Assets $350,000 Liabilities 150,000 Hospital net assets 180,000 Chapter Four: Worksheets, Financial Statements, and Closing Entries 91 Revenues Expenses 420,000 400,000 Required: (1) Prepare a preclosing trial balance. (2) Prepare a postclosing trial balance

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