Healthcare Accounting

accounting equation, as we did in class last week. Total up your amounts for Assets. ac the transactions below for XYZ Hospital, show the effect of the transaction on the Liabilities, and Net Assets. 1. The hospital purchased equipment for $100,000 with cash. (2 points) 2. The hospital purchased supplies on account for $10,000. (2 points) The hospital paid $6,000 on accounts payable. (2 points) The hospital billed patients for $8,000 (2 points) 3. 4. Tomsactions # Assets $125.000 Lidbilities $50,000 Net Assets 1 $75,000 2 3 4. Total