Question
Part IV. Prepare an operating statement from the following relevant accounts Not all accounts listed may be used in solving this problem Be sure to
Part IV. Prepare an operating statement from the following relevant accounts Not all accounts listed may be used in solving this problem Be sure to show Excel formulas for this problem 20 points Cash $1,200,000.00 Patient receivable $3,756,000.00 Patient revenue $34,700,000.00 Inventory (asset) $12,300,000.00 Prepaid Expense $1,300,000.00 Wage Expense $12,900,000.00 Wages Payable $10,300,000.00 Investment $12,732,000.00 Insurance Expense $2,555,000.00 Investment Revenue $1,300,000.00 Depreciation $2,529,000.00 Salary Expense $3,821,000.00 Salaries Payable $5,224,000.00
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