Prepare a Statement of Operations. Not all accounts listed may be used in solving this problem. Cash $22,700,000.00 $54,640,000.00 Š 3,600,000.00 $11,200,000.00 $ 4,800,000.00 $ 5,100,000.00 Š 14,700,000.00 $4,900,000.00 $6,200,000.00 $7,100,000.00 $7,450,000.00 $8,630,000.00 Revenue from Oncology department Revenue from Ancillary operations Revenue from Ambulatory services Inventory (asset) Inventory Expense Investments Insurance Expense Prepaid Insurance Supplies Supply Expense Accounts Payable $16,850,000.00 $2,478,000.00 $7,300,000.00 $35,741,000.00 $31,369,000.00 Wage Expense Wages Payable Unearned Revenue Net Assets without donor restrictions Net Assets with donor restrictions

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Topic Video
Question
Prepare a Statement of Operations.
Not all accounts listed may be used in solving this problem.
田
Cash
Revenue from Oncology department
Revenue from Ancillary operations
$22,700,000.00
$54,640,000.00
$ 3,600,000.00
Revenue from Ambulatory services
$11,200,000.00
Inventory (asset)
Inventory Expense
$ 4,800,000.00
$ 5,100,000.00
$ 14,700,000.00
$4,900,000.00
$6,200,000.00
$7,100,000.00
$7,450,000.00
$8,630,000.00
$16,850,000.00
$2,478,000.00
$7,300,000.00
$35,741,000.00
$31,369,000.00
Investments
Insurance Expense
Prepaid Insurance
Supplies
Supply Expense
Accounts Payable
Wage Expense
Wages Payable
Unearned Revenue
Net Assets without donor restrictions
Net Assets with donor restrictions
Transcribed Image Text:Prepare a Statement of Operations. Not all accounts listed may be used in solving this problem. 田 Cash Revenue from Oncology department Revenue from Ancillary operations $22,700,000.00 $54,640,000.00 $ 3,600,000.00 Revenue from Ambulatory services $11,200,000.00 Inventory (asset) Inventory Expense $ 4,800,000.00 $ 5,100,000.00 $ 14,700,000.00 $4,900,000.00 $6,200,000.00 $7,100,000.00 $7,450,000.00 $8,630,000.00 $16,850,000.00 $2,478,000.00 $7,300,000.00 $35,741,000.00 $31,369,000.00 Investments Insurance Expense Prepaid Insurance Supplies Supply Expense Accounts Payable Wage Expense Wages Payable Unearned Revenue Net Assets without donor restrictions Net Assets with donor restrictions
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Accounting Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education