Question: need help with this long question Do the journal entries and the worksheet for the following prior to answering the questions: Regent Hospital beginning balances

need help
with this long question  need help with this long question Do the journal entries and
the worksheet for the following prior to answering the questions: Regent Hospital

Do the journal entries and the worksheet for the following prior to answering the questions: Regent Hospital beginning balances for 12/1/2021 were: $475,000 in equity $400,000 in liabilities $875,000 in assets 1. Paid wages to employees in the amount of $185,000 2. Billed patients for services in the amount of $228,000 3. Used supplies in the amount of $46,000 for patient services 4. Ordered a replacement part in the amount of $16,000 on 12/15/2021 5. Purchased inventory on account in the amount of $78,000 6. Paid $71,500 on a mortgage with $1,500 interest included in that amount. 7. Equipment was depreciated in the amount of $82,000 8. Collected $240,000 on patient accounts The new Asset total and the beginning balance for the next period is: Decreased [unoose] For #2 Routine Services Revenue would be a journal entry T/F: For \#7 there is a credit journal entry to Accumulated Depreciation - Equipment account T/F : \#3 is an example of Capitalization in business What is the new Liabilities total and the beginning balance for the next period

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