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record the transactions excel spreadsheet using the following names in the spreadsheet as positive and negative equipment is expected to last 15 years and has
record the transactions excel spreadsheet using the following names in the spreadsheet as positive and negative
equipment is expected to last 15 years and has no salvage value. $540,865,000 (net of allowances and charity care) was billed for patient services. The hospital estimates that 5% of these bills will be bad debt. X e. $875,000 of inventory was used. T. Donations of $400,000 were received in cash. g. HHL pays in cash for a 2-year mal- practice insurance premium at a cost of $5 million. One-half of the premium is for next year, and the other is for the foTi6Vifig year. h. HHL pays $ 12,560.000 in accounts payable. J i. HHL workers earned $259 million in wages for the year. Thehspital paid out $282 miffi&n in cash. It also paid out $milIionGbR7its, all io_gash. j. The in trans- action c was paid for in cash. $370,500,000 from bills sent to yxpatients was received in cash. 0. }--IHL collected $25 million in out-
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