Question: a, b, and c 15. Multiple statements. The following are account balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a) a balance

a, b, and c  a, b, and c 15. Multiple statements. The following are account
balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a)

15. Multiple statements. The following are account balances as of September 30, 20x1, for Exton Outpatient Center. Prepare (a) a balance sheet, (b) a statement of operations, and (c) a statement of changes in net assets for September 30, 20X1. Givens $55,000 Insurance expense $33,000 Depreciation expense $61,000 Cash General expense $255,000 Patient revenue (net of contractuals) $1,100,000 Transfer to parent corporation $55,000 Net accounts receivable $350,000 Beginning balance, unrestricted net assets $275,000 Ending balance, temporarily restricted net assets $48,000 Accounts payable $23,000 Wages payable $37,000 Beginning balance, temporarily restricted net assets $70,000 Prepaid expenses $8,000 Provision for bad debts $8,000 Long-term debt $270,000 Labor expense Supply expense Accumulated depreciation Gross plant, property, and equipment Ending / beginning balance, permanently restricted net assets Net assets released from temporary restriction Ending balance, unrestricted net assets $470,000 $65,000 $450,000 $900,000 $35,000 $22,000 $456,000

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