Review Exhibit 10-1, Westside Clinic Balance Sheet, in your text book & Review Exhibit 10-2, Westside Clinic Statement of Revenue and Expense, in your text book.

The questions are as follows:

1. What is the date on the balance sheet?

2. Are there large discrepancies in the balances between the prior year and the current year?

3. Did total assets increase over the prior year?

4. Did current assets increase, decrease, or stay about the same?

5. Did current liabilities increase, decrease, or stay about the same?

6. Did land, plant, and equipment increase or decrease significantly over the prior year?

7. Did long term debt increase or decrease significantly over the prior year?

Exhibit 10-6

1. What is the period reported on the statement of revenue and expense?

2. Is it one year or a shorter period? If it is a shorter period, why us that?

3. Are there large discrepancies in balances between the prior year operations and the current year operations?

4. Did total operating revenue increase over the prior year?

5. Did total operating expenses increase, decrease, or stay about the same? Is any particular line item usually large or small?

6. Did income from operations increase, decrease, or stay about the same?

7. Are there unusual nonoperation gains or losses?

8. Did the current year result in an excess of revenue over expense? Is it as much as the prior year?

9. Did long-term debt increase or decrease significantly over the prior year?

I have posted the link that is used to answer the questions above. I have double checked to make sure it worked andit did. Thank you so much for all your help

https://books.google.com/books?id=yfuBAAAAQBAJ&pg=PA119&lpg=PA119&dq=Exhibit+10-6+checklist+for+review+of+the+statement+of+revenue+and+expense&source=bl&ots=JeA698WeRk&sig=qF4BAX6WGan86FgOfxUeShqpmdY&hl=en&sa=X&ved=0ahUKEwifwKXHi6TRAhUsyoMKHUQEAwgQ6AEIHzAB#v=onepage&q=Exhibit%2010-6%20checklist%20for%20review%20of%20the%20statement%20of%20revenue%20and%20expense&f=false