Question From: Financial Management of Health Care Organizations: An Introduction to

Balance Sheet. The following are account balances as of September 30, 20X1 for Zachary Hospital. Prepare a balance sheet at September 30, 20X1 (hint: Net Assets will also need to be calculated).

Gross Plant, Property and Equipment $6,000,000

Cash $180,000

Net Accounts Receivable $650,000

Accrued Expenses $35,000

Supplies $100,000

Long-term Debt $5,000,000

Accounts Payable $130,000

Accumulated Depreciation $100,000