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Given the information below, please prepare: 1) a statement of operations (income statement) for Grey Sloan Memorial Hospital for the ended October 31, 20X2
Given the information below, please prepare: 1) a statement of operations (income statement) for Grey Sloan Memorial Hospital for the ended October 31, 20X2 and 2) a balance sheet for Grey Sloan Memorial Hospital at October 31, 20X2 Balance Sheet (BS) or Income Statement (IS) Line Item: Amount ($000s) $ $ BSIS Accounts payable 5,500 BS Accounts receivable Accrued expenses payable BS 10,000 BS 560 Accumulated depreciation 24 2,500 8,600 4,300 (250) 6,600 BS Bonds Payable (due 20X5) Buildings and equipment Cash Daily patient services revenues BS BS BS IS Deductions from patient services revenues 680 IS Deferred income 1,500 640 BS Depreciation expenses IS Hospital Net assets, October 31, 20X1 Interest expenses Inventory Land BS 630 IS 780 BS 260 BS 380 Nonoperating income Notes payable Other operating expenses IS 1,760 BS 1,460 1,200 5,200 1,160 6,560 9.800 IS Other operating revenues IS Other professional services revenues IS Prepaid Expense Salaries and wages expense Supplies expenses 2$ 24 BS IS IS Utilities expenses 570 IS 550 Grey Sloan Memorial Hospital Statement of Operations (Income Statement), for the period ended Oct. 31, 20X2 Grey Sloan Memorial Hospital Balance Sheet, October 31, 20X2
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