1. Using the information listed below, prepare a simple Balance Sheet for the XYZ outpatient center:

Cash = $765,000; Supplies = $175,000; Plant and Equipment = $405,000

Accounts Payable = $65,000; Non-Current Liabilities = $460,000

Unrestricted Net Assets = $400,000; Temporarily Restricted Net Assets = $420,000

Template 1 Balance Sheet (Simple Example) See Chapter 5 for a discussion of this topic. Below is a simple example of a Balance Sheet. You may change the name of the company in the heading to your company, change the date, and replace the xxx's with your values. The totals will be calculated automatically. Keepuwell Clinic Balance Sheet As of December 31, 2013 ASSETS Current Assets XXX XXX XXX $0 Fixed Assets LIABILITIES & Net Assets Liabilities Current liabilities Long-term liabilities Total Liabilities Net Assets Unrestricted Temporarily Restricted Permanently Restricted Total Net Assets XXX Investments XXX Intangibles XXX XXX XXX $0 XXX TOTAL LIABILITIES & NET ASSETS TOTAL ASSETS $ $0 $0