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The following are account balances as of September 30, 2020, for Ray Hospital. Prepare a balance sheet for the given date i.e., September 30, 2020.

The following are account balances as of September 30, 2020, for Ray Hospital. Prepare a balance sheet for the given date i.e., September 30, 2020.

(Hint net assets will also need to be calculated.) Also Find out the Current Ratio , and Net Working Capital

Givens

Gross plant, property, and equipment $70,000,000

Accrued expenses $6,000,000

Cash $8,000,000

Net accounts receivable $15,500,000

Accounts payable $7,000,000

Long-term debt $45,000,000

Supplies $3,000,000

Accumulated depreciation $5,000,000

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