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Holy Name Hospital had the following balances from its post-closing trial balance at December 31, 2017: Accounts payable $225,000 Accumulated depreciation 4,200,000 Allowance for uncollectible
Holy Name Hospital had the following balances from its post-closing trial balance at December 31, 2017:
Accounts payable | $225,000 |
Accumulated depreciation | 4,200,000 |
Allowance for uncollectible accounts | 700,000 |
Board-designated net assets | 1,700,000 |
Cash | 240,000 |
Contributions receivable | 4,500,000 |
Current portion of long-term debt | 425,000 |
Investments: limited use | 1,500,000 |
Investments: other | 13,450,000 |
Long-term debt | 6,125,000 |
Other unrestricted net assets | 2,500,000 |
Patient accounts receivable | 3,275,000 |
Permanently restricted net assets | 9,985,000 |
Property, plant, and equipment | 9,300,000 |
Supplies | 45,000 |
Temporarily restricted net assets | 6,450,000 |
64,620,000 |
Required
Prepare a statement of financial position as of December 31, 2017.
***Please complete in an excel file***
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