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Prepare a balance sheet using the financial information provided below for UWF General Hospital for September 30, 2017. ( Hint : net assets will also
Prepare abalance sheet using the financial information provided below for UWF General Hospital for September 30, 2017.
(Hint: net assetswill also need to be calculated by you to complete the balance sheet)
The following chart are the various account dollar balances as of September 30, 2017, for UWF General Hospital.
Givens
| Gross plant, property, and equipment | $75,000,000 |
| Accrued expenses | $8,000,000 |
| Cash | $9,000,000 |
| Net accounts receivable | $15,500,000 |
| Accounts payable | $6,000,000 |
| Long-term debt | $45,000,000 |
| Supplies | $4,500,000 |
| Accumulated depreciation | $8,500,000 |
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