Question
The following are account balances as of September 30, 20X1, for Ray Hospital. Prepare a balance sheet at September 30, 20X1. Hint: Net assets will
The following are account balances as of September 30, 20X1, for Ray Hospital. Prepare a balance sheet at September 30, 20X1. Hint: Net assets will also need to be calculated.
Gross plant, property, and equipments- 90,000,000
Accrued Expenses- 7,000,000
Cash- 10,000,000
Net Accounts Receivable- 18,500,000
Accounts payable- 6,000,000
Long term debt- 55,000,000
Supplies- 5,000,000
Accumulated depreciation- 10,000,000
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
5th edition
978-0077924379, 77924371, 978-0078025396, 78025397, 978-0077425654, 77425650, 978-0077667061
