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The attached excel spreadsheet a trial balance with the accounts in correct order.How do you use the trial balance to create an income statement, a
The attached excel spreadsheet a trial balance with the accounts in correct order.How do you use the trial balance to create an income statement, a statement of stockholders equity, and a balance sheet
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EXCEPTIONAL HOSPITAL CORP. ACCOUNTS BALANCES Accounts payable 13203 Accrued interest payable 4442 Accrued liabilities 59483 Allowance for bad debts 18030 Buildings and equipment 220993 Cash and cash equivalents 26427 Common stock 10540 Contribution revenues 2261 Current portion of long-term deb 8619 Deferred revenues 9807 Depreciation and amortization 34191 Dividends 10540 Employee benefits 43290 Goodwill 8495 Interest expense 9647 Investment income 17891 Land 12402 Long-term debt, net of current p 164499 Long-term investments 295995 Marketable securities 6963 Marketing, insurance, etc. 19181 Other current assets 25186 Other current payables 2853 Other expenses 1832 Other income 3860 Other long-term liabilities 16548 Other operating revenues 11201 Patient accounts receivable 69106 Patient service revenues (net) 419757 Pension expense 24664 Prepaid expenses 15496 Purchased services 38006 Registry expense 5903 Rent, leases and utilities 15811 Retained earnings 411675 Salaries 181034 Short-term investments 26365 Supplies expense 71414 Supplies inventory 7284 Trademarks 4444 Debit Credit 13203 4442 59483 18030 220993 26427 10540 2261 8619 9807 34191 10540 43290 8495 9647 17891 12402 164499 295995 6963 19181 25186 2853 1832 3860 16548 11201 69106 419757 24664 15496 38006 5903 15811 411675 181034 26365 71414 7284 4444 1174669 1174669Step by Step Solution
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