to build a lemace se mochue arpenter charges $ reo pee bour abd mapeds the fence to tale io heurs to ounpletr. Ife arpects to bexin work neat imonth: cat food. Dos food ecits $ sop per bis whille cat food coutu s so per bes. The pet food was beught on buillies. The ilum eort $5 coo and CVSH pald for it when it was received. enver, prifinter, mod eopler, The total cont of the equipment was sto,ooo, hali of whlich was paid and the other hali was still owed. 6. Show the inpact of these transuctions on the findamental equetion of accounting- (Optianal: Show fournal entries using debits and credits. See Appeodir 9-A.) 9-27, Because CASH is a new organitation the opening balances for all accounts were $0. Record the transactlons from Problem 9-26 la a worksheet similar to Exhibit 9-4. 9-a8, Use the ending balances from Probirm 9-27 to prepare a balanoe shect for CASH for the first fiscal year. 9-29. The Hospital for Einditg Long-term Problems (HEL.P) had the following financlal events during the year: 1. HELP collected $250,000 in cach that it had billed to the federal government under Medicare. The money had been earned in the prior fiscal year and was recorded as renenue then. 2. HELP paid back $100,000 it borrowed at the end of last year on a line of credit. The berk did not charge interest. 3. HELP bought $25,000 in supplies to treat patients. HELP paid the supplier for all the supplies with cash. 4. HELP belongs to the state hospital association, and its membership is current (meaning it is paid up through the end of the year). HELP receives in invoice for $75,000 for next year's fees but has not paid it yet. 5. HBLP replaced many of the patient examination tables. They cost $50,000 and HELP put $10,000 down in cash. The rest is still owed. 6. HELP paid $65,000 it owed employees from last year. Employees had earned this last fiscal year, and it was recorded as an expense then. 7. Show the impact of these transactions on the fundamental equation of accounting. (Optional: Show journal entries using debits and credits, See Appendix 9-A.) o. HELP started the year with the following account balances (shown in alphabetical order): Record these opening balances and the transactions from Problem 9-29 in a worksheet similar to Exhibitg-4