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The following transactions occurred during the year record the transactions, HHL long-term down for $3 million BHH a purchase to 1 million in Inventure with
The following transactions occurred during the year record the transactions, HHL long-term down for $3 million BHH a purchase to 1 million in Inventure with cash see each child purchase equipment at cost of shit and 50,000 on account equipment is expected to last 15 years and there's no salvage value 548 65,000 native flowers in charge of care hospital for a patient services in Hospital in Kissimmee center 5% of these pills will be back that he 875,000 in French she was used F donations of 400,000 we received in cash HHL pays in cash for a two-year cloud practice insurance premium at the cost of 5000,001/2 of the premium is for next year and the other is for the fall in the area to share a piece 12,560 000 in Accounts Payable each of the workers earn 259 million in wages for the year and switch off paid out 282 million in cash. It's also paid out 60 million in benefits all in cash equipment purchasing transaction was paid for in cash 370 500,000 from bill sent to patients was received in cash it HHL collected 25 million outstanding patient beans in cash. The board is concerned that too much deposit is bad for the organization. The board chooses to accelerate their debt payments for the year. HHL paid out 51 million in long-term debt principle and 3 million in interest in cash depreciation for the year was recorded 23 million for existing fixed assets. Also calculate the new depreciation necessary for the new equipment purchase this year assuming straight line depreciation the contract with the IT company chose it inside the initial contract cost speed as well as if I see a payment using these transactions, create financial statements for HHL, for 2019
Calculator, Ratios f or HHL to assess it's Financial strengths and weaknesses
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