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The following is the preclosing trial balance for Christina Rehabilitation Hospital as of September 30, 2023. CHRISTINA REHABILITATION HOSPITAL Preclosing Trial Balance September 30, 2023
The following is the preclosing trial balance for Christina Rehabilitation Hospital as of September 30, 2023. CHRISTINA REHABILITATION HOSPITAL Preclosing Trial Balance September 30, 2023 (000s omitted) Debits Credits Cash and Cash Equivalents $ 65,805 Patient Accounts Receivable 45,430 Inventory 8,540 Prepaid Expenses 6,740 Assets Limited as to UseInvestments 49,570 Investments 211,000 Pledges Receivable 3,950 Discount on Pledges Receivable 1,040 Land 7,710 Buildings 330,940 Accumulated DepreciationBuildings 155,960 Equipment 272,160 Accumulated DepreciationEquipment 124,540 Accounts Payable 20,860 Accrued Payables 26,920 Interest Payable 1,200 Bonds Payable 186,000 Other Long-term Liabilities 128,000 Net AssetsWithout Donor Restrictions 234,105 Net AssetsWith Donor RestrictionsPrograms 79,900 Net AssetsWith Donor RestrictionsEndowment 28,410 Patient Service Revenue 1,076,360 Contractual Adjustments 557,480 Implicit Price Concessions for Individual Payors 18,330 Other Operating Revenue 11,460 ContributionsWith Donor RestrictionsPrograms 6,670 ContributionsWith Donor RestrictionsEndowment 260 Investment IncomeWithout Donor Restrictions 8,600 Investment IncomeWith Donor RestrictionsPrograms 600 Unrealized Gain on InvestmentsWith Donor RestrictionsPrograms 720 Salary Expense 339,820 Supplies Expense 141,910 Depreciation Expense 25,880 Interest Expense 5,260 Unrealized Loss on InvestmentsWithout Donor Restrictions 1,080 Total $ 2,091,605 $ 2,091,605 Prepare a balance sheet as of September 30, 2023. The pledges and investments are both long-term. Not included on the trial balance is the fact that $21,500 of bonds will be due in 2024 and must be reclassified on the balance sheet. (Enter your answers in thousands.)
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