Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I'm looking for some help with this assignment. I've been provided a list of accounts and balances and I'm attempting to prepare a trial balance

I'm looking for some help with this assignment. I've been provided a list of accounts and balances and I'm attempting to prepare a trial balance sheet with them while also classifying each account as an asset, liability, equity, revenue, or expense account. I'll attach the document that has been provided for anyone to look over and be available to discuss my current progress.

image text in transcribed EXCEPTIONAL HOSPITAL CORP. ACCOUNTS BALANCES Accounts payable 13203 Accrued interest payable 4442 Accrued liabilities 59483 Allowance for bad debts 18030 Buildings and equipment 220993 Cash and cash equivalents 26427 Common stock 10540 Contribution revenues 2261 Current portion of long-term deb 8619 Deferred revenues 9807 Depreciation and amortization 34191 Dividends 10540 Employee benefits 43290 Goodwill 8495 Interest expense 9647 Investment income 17891 Land 12402 Long-term debt, net of current p 164499 Long-term investments 295995 Marketable securities 6963 Marketing, insurance, etc. 19181 Other current assets 25186 Other current payables 2853 Other expenses 1832 Other income 3860 Other long-term liabilities 16548 Other operating revenues 11201 Patient accounts receivable 69106 Patient service revenues (net) 419757 Pension expense 24664 Prepaid expenses 15496 Purchased services 38006 Registry expense 5903 Rent, leases and utilities 15811 Retained earnings 411675 Salaries 181034 Short-term investments 26365 Supplies expense 71414 Supplies inventory 7284 Trademarks 4444 EXCEPTIONAL HOSPITAL CORP. ACCOUNTS BALANCES Allowance for bad debts -18030 Buildings and equipment 220993 Cash and cash equivalents 26427 Depreciation and amortization -34191 Short-term investments 26365 Goodwill 8495 Long-term investments 295995 Land 12402 Marketable securities 6963 Other current assets 25186 Patient accounts receivable 69106 Supplies inventory 7284 Trademarks 4444 Accounts payable 13203 Accrued interest payable 4442 Accrued liabilities 59483 Current portion of long-term deb 8619 Employee benefits 43290 Long-term debt, net of current p 164499 Other current payables 2853 Other long-term liabilities 16548 Deferred revenues 9807 Common stock 10540 Dividends 10540 Retained earnings 411675 Contribution revenues 2261 Investment income 17891 Other income 3860 Other operating revenues 11201 Patient service revenues (net) 419757 Purchased services 38006 Rent, leases and utilities 15811 Interest expense 9647 Other expenses 1832 Pension expense 24664 Prepaid expenses 15496 Registry expense 5903 Supplies expense 71414 Salaries 181034 Marketing, insurance, etc. 19181 A A A A A A A A A A A A A L L L L L L L L L SE SE SE R R R R R E E E E E E E E E E Cash and cash equivalents Patient accounts receivable Allowance for bad debts Marketable securities Supplies inventory Short-term investments Other current assets Long-term investments Land Buildings and equipment Depreciation and amortization Goodwill Trademarks Dividends Contribution revenues Investment income Other income Other operating revenues Patient service revenues (net) 26427 69106 -18030 6963 7284 26365 25186 295995 12402 220993 -34191 8495 4444 10540 2261 17891 3860 11201 419757 1116949 Accounts payable 13203 Current portion of long-term deb 8619 Other current payables 2853 Accrued interest payable 4442 Accrued liabilities 59483 Long-term debt, net of current p 164499 Other long-term liabilities 16548 Salaries 181034 Common stock 10540 Retained earnings 411675 Deferred revenues 9807 Purchased services 38006 Employee benefits 43290 Rent, leases and utilities 15811 Interest expense 9647 Other expenses 1832 Pension expense 24664 Prepaid expenses 15496 Registry expense 5903 Supplies expense 71414 Marketing, insurance, etc. 19181 1127947 ? ? Exceptional Hospital Corp. Trial Balance December 31, 2016

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Accounting For Governmental And Not-for-Profit Organizations

Authors: Paul Copley

14th Edition

1260570177, 978-1260570175

More Books

Students also viewed these Accounting questions