I need help balancing question two and three sheets. Plus on the ledger a couple of C entries are not adding up correctly so I need help calculating those entries as well.
The below is the Balance Sheet for ABC Clinic as of December 31, 2017. Please use the information on this balance sheet wherever its necessary in the following questions. ABC Clinic Balance Sheet As of December 31, 2017 ASSETS LIABILITIES & NET ASSETS Current Assets Current liabilides Cash $ 325.000 Acccounts Payable 125,000 Prepaid Insurance $ 6,500 Wages Payable 58,000 Accounts Receivables $ 45,000 Inventory $ 53,000 Long-term liabilities Mortgage liabilities $ 170,000 Fixed Assets Plant and Equitment, net $ 150,000 Net Assets Unrestricted $ 211,500 Permanently Restricted $ 15.000 TOTAL LIABILITIES & NET TOTAL ASSETS 5 579.500 ASSETS 579,500 Q1. Please fill out the Beginning Balances and Calculate the Eudiu Balances for each ledger accounts by utilizing the information provided to you. ADUL Assets Expenses LEDGER ACCOUNT 1 sa i Pad 1 Label we Beginning Baland -30 13 LES 0 -10 30 2002 173 58 Plant and Equitment, net 100,000 Unrestricted 3 211.000 Permanently Restricted 5 15,000 TOTAL LIABILITIES & NET TOTAL ASSETS 579.500 ASSETS 579.500 Q1. Planse fill out the Bepanias Balance and Calculate the Endins Balances for each ledger accound by utilizing the information provided to you. ADU unica Assets Expenses LEDGER ACCOUNT ce ALLOS Hoa Pets Metony Depreciation ubor i be beginning Dance -30 30 1 3 1 6 . . 13 9 43 . 90 . 50 -40 LRA LEASILO! + 16 . 500 -100 100 -79 + 39 LO 40 30 12 11 Ending Balance 02-Pirase complete the Operating Income Statement for the Year Ending December 2013 by utilizing the previously provided information. ABC Clinic Operating Statement For the Year Ending December 31, 2018 Revenues Less Expenses Inventory Labor Interest insurance Depreciation NET INCOME Q - Please complete the below Balance Sheet for the Year Ending December 31, 2015 by utilizing the previously provided information ABC Clinic Balance Sheet enses SC Interest OG Insurance Depreciation 3 30 AOCOU nts Payable -30 19 Wages Payable Liabilities 19 Mortgage Payable . . . . + . + + Un restricted Net Assets Permame athy Restricted . . + + . + Revenue OOG Revenue 13 no 2- Please complantat operatin Lacom staromontor to your ending December 31, 2018 by utilizing the previously provided mormation. ABC Clinio Operating Statement For the Year Ending December 31, 2018 Revenues Less Expenses Inventory Labor Interest Insurance Depreciation NET INCOME Q3. Please complete the below Balance Sheet for the Year Ending December 31, 2018 by utilizing the previously provided information. ABC Clinic Balance Sheet As of December 31, 2018 ASSETS LIABILITIES & NET ASSETS Current Assets Current liabilities Cash Accounts Payable Prepaid Insurance Wages Payable Accounts Receivables Inventory Long-term liabilities Mortgage liabilities Fixed Assets Plant and Equipment, net Net Assets Unrestricted Permanently Restricted TOTAL LIABILITIES & NET TOTAL ASSETS ASSETS
