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The following balances appeared in the general ledger of Deerly Hospital at December 31, 20X4: 12/31/X4 Trial Balance Dr. Cr. Statement of Operations Dr. Cr.
The following balances appeared in the general ledger of Deerly Hospital at December 31, 20X4: 12/31/X4 Trial Balance Dr. Cr. Statement of Operations Dr. Cr. Net Assets Dr. Cr. Balance Sheet Dr. Cr. Account Description Cash Accounts receivable Inventory Land Buildings Equipment Accounts payable Notes payable Bonds payable Hospital net assets Routine services revenue Ancillary services revenue Other operating revenues Salaries and wages expense Supplies expense Utilities expense Insurance expense Repairs expense Interest expense Other expenses Totals Net Income for the year Totals Hospital net assets, 12/31/X4 Totals Balances $39,700 90,500 16,480 30,400 360,810 101,500 27,400 26,600 68,000 537,740 156,400 78,000 37,800 210,300 31,750 24,900 6,300 8,800 7,500 3,000
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