Question: Please Help ASAP The question consisted of completing the problem in this first image (letters a-n were completed) These images are the results of the



(11. Transactions plus multiple statements. List and record each transaction for Claymont Outpatient Clinic under the accrual basis of accounting at December 31, 20X1. Then develop a balance sheet as of December 31, 20X1, and a state- ment of operations for the year ended December 31, 20X1. a. The clinic received an $8,000,000 unrestricted cash contribution from the community. (Hint: this transaction increases the unrestricted net assets account.) b. The clinic purchased $5,600,000 of equipment. The clinic paid cash for the equipment c. The clinic borrowed $3,000,000 from the bank on a long-term basis. d. The clinic purchased $600,000 of supplies on credit. e. The clinic provided $9,400,000 of services on credit. f. In the provision of these services, the clinic used $300,000 of supplies. 8. The clinic received $740,000 in advance to care for capitated patients. h. The clinic incurred $4,000,000 in labor expenses and paid cash for them. i. The clinic incurred $2,500,000 in general expenses and paid cash for them. j. The clinic received $7,300,000 from patients and their third parties in payment of outstanding accounts. k. The clinic met $540,000 of its obligation to capitated patients in transaction g. 1. The clinic made a $300,000 cash payment on the long-term loan. m. The clinic also made a cash interest payment of $35,000. n. A donor made a temporarily restricted donation of $350,000, which is set aside in temporary investments, Liabilities Net Assets Acente Act Depreciation Payable Deferred Revenue Long Term Debt Revenues, Other Expenses Unrestricted Bestilted Net Net Assets Assets 5 $ 8,000,000 5 5 5 $ 3.000.000 500,000 $ 9,400.000 Ats Cash Transaction Plant Accounts Allowance for Temprory Supplies Receivable trestments Property bad debts Equipment Beginning Balance 5 5 5 a unrestricted Contribution $ 8.000.000 Purchased with anh $5.000.000 $ 5.000.000 Obtain long term bank loan S 1.000.000 a purchased inventory on credit $ 600.000 Patient services on credit $ 400.000 Supplies Consumed $ 200,000) Capitation Payment $700.000 abour Bepenses and in cash $ 14,000,000 General penes padinah 5 42,500,000 Payment for services $ 2.100.000 $ 17.300,000 Provided capitated cash payment for bank loan 500.000 mertene 5.000 Terary reset $10,000 Deprecatione Bad Debts per 0.000 ances 3.0 2.100.000 00.000 300.000 5 110.000 $4,000,000 $ 2.500.000 $ 0.0001 5 540,000 5 100.000 $ 1000 $ $ 100.000 . 0.005 150.000 $300.000 $ 00.00 200.000 22.00 20.01.01.200.000.00 5.000 56.015.000 3 1.925.000 Operating con Closing come from operations to restrictedness $ 1,305,000 Balances with me Net Amets $ 65,000 100.000 100.000 1.000.000 100.000 200.0005 2.200.000 $ 0.025,000 190.000 B Balance Sheet(in '000) for the periods ending December 31, 20X1 and 20x0 12/31/20X1 12/31/20X0 Current Assets Cash & Temproary Investments $ 6,955,000 $ Accounts Receivable $ 2,100,000 $ Allowance for bad debts $800,000) $ Supplies $ 300,000 $ Total Current Assets $ 8,555,000 $ Non Current Assets Plant, Property & Equipment Accumulated Depreciation Net Plant, Property & Equipment $ 5,600,000 $ $ 380,000 $ $ 5,220,000 $ Total Non Current Assets $ 5,220,000 $ Total Assets $ 13,775,000 $ Current Liabilities Accounts Payable Deferred Revenue Total Current Liabilities $ $ S 600,000 $ 200,000 $ 800,000 $ Non Current Liabilities Long Term Debt Total Non Current Liabilities $ 2,700.000 $ $ 2,700,000 $ Total Liabilities $ 3,500,000 $ Net Assets Unrestricted Net Assets Temporarily Restricted Total Net Assets $ 9,925,000 $ S 350,000 $ $ 30,275,000 $ Total Liabilities and Net Assets $ 13,775,000 $ C Statement of Operations in "000) for the periods ending December 31, 20x1 and 2020 12/31/20X1 12/31/20X0 Unrestricted Revenues, gains & Other Support Net Patient Service Revenue $ 9,400,000 $ Premium Revenue $ 540,000 $ Other $ $ Total Revenues, gains & Other Support $ 9,940,000 $ operating Expenses Labour Supply General Depreciation Interest Bad Debt Total Operating Expenses $4,000,000 $ $ 300.000 $ $ 2,500,000 $ $ 380,000 $ $ 35,000 $ $ 800,000 $ $ 8,025,000 $ Operating Income Excess of revenues over expenses $ 1.925,000 $ S $ increase/(Decrease) in Unrestricted Assets $ 1,925,000 $ (11. Transactions plus multiple statements. List and record each transaction for Claymont Outpatient Clinic under the accrual basis of accounting at December 31, 20X1. Then develop a balance sheet as of December 31, 20X1, and a state- ment of operations for the year ended December 31, 20X1. a. The clinic received an $8,000,000 unrestricted cash contribution from the community. (Hint: this transaction increases the unrestricted net assets account.) b. The clinic purchased $5,600,000 of equipment. The clinic paid cash for the equipment c. The clinic borrowed $3,000,000 from the bank on a long-term basis. d. The clinic purchased $600,000 of supplies on credit. e. The clinic provided $9,400,000 of services on credit. f. In the provision of these services, the clinic used $300,000 of supplies. 8. The clinic received $740,000 in advance to care for capitated patients. h. The clinic incurred $4,000,000 in labor expenses and paid cash for them. i. The clinic incurred $2,500,000 in general expenses and paid cash for them. j. The clinic received $7,300,000 from patients and their third parties in payment of outstanding accounts. k. The clinic met $540,000 of its obligation to capitated patients in transaction g. 1. The clinic made a $300,000 cash payment on the long-term loan. m. The clinic also made a cash interest payment of $35,000. n. A donor made a temporarily restricted donation of $350,000, which is set aside in temporary investments, Liabilities Net Assets Acente Act Depreciation Payable Deferred Revenue Long Term Debt Revenues, Other Expenses Unrestricted Bestilted Net Net Assets Assets 5 $ 8,000,000 5 5 5 $ 3.000.000 500,000 $ 9,400.000 Ats Cash Transaction Plant Accounts Allowance for Temprory Supplies Receivable trestments Property bad debts Equipment Beginning Balance 5 5 5 a unrestricted Contribution $ 8.000.000 Purchased with anh $5.000.000 $ 5.000.000 Obtain long term bank loan S 1.000.000 a purchased inventory on credit $ 600.000 Patient services on credit $ 400.000 Supplies Consumed $ 200,000) Capitation Payment $700.000 abour Bepenses and in cash $ 14,000,000 General penes padinah 5 42,500,000 Payment for services $ 2.100.000 $ 17.300,000 Provided capitated cash payment for bank loan 500.000 mertene 5.000 Terary reset $10,000 Deprecatione Bad Debts per 0.000 ances 3.0 2.100.000 00.000 300.000 5 110.000 $4,000,000 $ 2.500.000 $ 0.0001 5 540,000 5 100.000 $ 1000 $ $ 100.000 . 0.005 150.000 $300.000 $ 00.00 200.000 22.00 20.01.01.200.000.00 5.000 56.015.000 3 1.925.000 Operating con Closing come from operations to restrictedness $ 1,305,000 Balances with me Net Amets $ 65,000 100.000 100.000 1.000.000 100.000 200.0005 2.200.000 $ 0.025,000 190.000 B Balance Sheet(in '000) for the periods ending December 31, 20X1 and 20x0 12/31/20X1 12/31/20X0 Current Assets Cash & Temproary Investments $ 6,955,000 $ Accounts Receivable $ 2,100,000 $ Allowance for bad debts $800,000) $ Supplies $ 300,000 $ Total Current Assets $ 8,555,000 $ Non Current Assets Plant, Property & Equipment Accumulated Depreciation Net Plant, Property & Equipment $ 5,600,000 $ $ 380,000 $ $ 5,220,000 $ Total Non Current Assets $ 5,220,000 $ Total Assets $ 13,775,000 $ Current Liabilities Accounts Payable Deferred Revenue Total Current Liabilities $ $ S 600,000 $ 200,000 $ 800,000 $ Non Current Liabilities Long Term Debt Total Non Current Liabilities $ 2,700.000 $ $ 2,700,000 $ Total Liabilities $ 3,500,000 $ Net Assets Unrestricted Net Assets Temporarily Restricted Total Net Assets $ 9,925,000 $ S 350,000 $ $ 30,275,000 $ Total Liabilities and Net Assets $ 13,775,000 $ C Statement of Operations in "000) for the periods ending December 31, 20x1 and 2020 12/31/20X1 12/31/20X0 Unrestricted Revenues, gains & Other Support Net Patient Service Revenue $ 9,400,000 $ Premium Revenue $ 540,000 $ Other $ $ Total Revenues, gains & Other Support $ 9,940,000 $ operating Expenses Labour Supply General Depreciation Interest Bad Debt Total Operating Expenses $4,000,000 $ $ 300.000 $ $ 2,500,000 $ $ 380,000 $ $ 35,000 $ $ 800,000 $ $ 8,025,000 $ Operating Income Excess of revenues over expenses $ 1.925,000 $ S $ increase/(Decrease) in Unrestricted Assets $ 1,925,000 $
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