Below you are provided Ending Balances from $2017$ financial statements for your not$-$for$-$profit hospital.

lint: the below information $is$ necessary for you $to$ complete the assignment.

Complete the Journal Entries and Corresponding $T$ account records that are provided $to$ you $in$ "Joumal Entries" woksheet

$2-By$ using the Information provided $to$ you fill out Not$-$for$-$Profit Ledger including the beginning and ending balances

$By$ using the information provided $to$ you and information that you generated $in$ the ledger, prepare your balancesheet $asof$ December $312018by$ utilizing the

BalanceSheet Template

$By$ using the information provided $to$ you and the information that you generated calculate your depreciation expense $by$ using $3$ different methods $of$ depreciation

methods $-$ Use the Depreciation template provided $to$ you

$By$ using the information provided $to$ you and information that you generated $in$ the ledger, prepare your Income Statement $asaf$ December $312018by$ utilizing the

Income Statement Template

Hint: $In$ your income statement use the numbers from your Double Declining Balance Depreciation calculation

$By$ using the information provided $to$ you and information that you generated, prepare your Cash Flow statement $asof$ December $312018by$ utilizing the

Statement $of$ the Cash Flow Template

Joumal Entrie

These are the transactions that took place during Fiscal Year $2018$

Create ajoumal entry and $aT$ Acc cund entry for ead $of$ the following trancactions:

$1\mathrm{.}980p00$ worth $of$ medicel invertories were purchased. $$10,000$ was paid incach and other part was paid $arac$ count.

A Ten$-$year fire frumance policy was purchaced from the insurace company $or$ $$35,000,$

Puchased a rew $MR$ Bud $of$ year adjusmert $-$ One year depreciation $ofCT$ machime purchased $at$ the begiroing $of$ the year. Useful life $fo$ MRImachine $is$

$5$ years. The salvig walue $is$ $$30,000-$ Flease use Double Declining Eaknce depreciationhere.

Denrecistion Expense NAME $OF$ YOUR HOSPIAL

Operating Statement

For the Year Ending December $31,2018$

Revenues

Less Expenses

Inventory

Interest

Insurance

Depreciation

NET INCOMEI image machine for $$100,000,$ paid $$8,000$ for transportation and paid $$7000$ for instalment.

Patient discharged who used $$40,000$ dinvertory.

Accouts:

Credit

Invertary

Invertory Expanse

Putint Service Reverue