Question: Fill in the missing values labeled (a) through (i). You will have 9 answers. Below is financial statement information on three not-for- profit organizations. Financial

Fill in the missing values labeled (a) through (i). You will have 9 answers. Below is financial statement information on three not-for- profit organizations.

Financial Statement Data on Three Not-for-Profit Clinics

Lowland Clinic

Casio Clinic

Jarrod Clinic

December 31, 2019:

Assets

$80,000

$100,000

(g)

Liabilities

$50,000

(d)

$75,000

Net Assets

(a)

$60,000

$45,000

December 31, 2020:

Assets

(b)

$130,000

$180,000

Liabilities

$55,000

$60,000

(h)

Net Assets

$48,000

(e)

$100,000

During 2020:

Total Revenue

(c)

$400,000

(i)

Total Expenses

$330,000

(f)

$360,000

Increase in Equity

$15,000

$10,000

$60,000

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