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Complete the Excel Sheet based on the instruction attachment


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Instruction.docx

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Whenever you have the word "net" in front of something, think of it as what is left over after deducting expenses from revenue or deducting depreciation from equipment/property.

For Excess of revenues over expenses, subtract total expenses from total revenue.

For assets that have been released, they would be subtracted from net assets i.e. become a negative number, placed in parentheses.

Your increase in net assets is determined by using the excess revenue and then subtracting any transfers or releases.

For beginning balance, net assets - add both restricted and unrestricted net assets together.

There may be numbers in the sheets/statements that you do not use

I hope this helps!

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Excelsheet.xlsx

Balance Sheet

Balance Sheet (in '000s)
For the Year Ended September 30, 2023
9/30/23
Current assets
Cash and cash equivalents
Net accounts receivable
Inventory
Total current assets
Gross plant, property, and equipment
(less accumulated depreciation)
Net plant, property & equipment
Long-term investments
Total assets $0
Current liabilities
Accounts payable
Wages payable
Total current liabilities
Long-term debt
Total liabilities
Net assets
Ending balance, unrestricted net assets
Ending balance, temporarily restricted net assets
Total net assets
Total liabilities and net assets $0

Profit and Loss Statement

Profit and Loss Statement
Statement of Operations (in '000s)
For the Year Ended September 30, 2023
9/30/23
Unrestricted revenues
Patient revenues (net of contractuals)
Provision for bad debt expense
Net patient revenues
Net assets released from temporary restriction
Total revenues
Operating expenses:
Labor expense
General expense
Supply expense
Depreciation expense
Interest expense
Total operating expenses
Excess of revenues over expenses
Transfer to parent corporation
Increase in unrestricted net assets $0

Cash Flow Statement

Cash Flow Statement
Statement of Changes in Net Assets (in '000s)
For the Year Ended September 30, 2023
9/30/23
Unrestricted net assets
Excess of revenues over expenses
Unrestricted contributions 0
Transfer to parent corporation
Change in unrestricted net assets 0
Temporarily restricted net assets
Net assets released from temporary restriction
Change in temporarily restricted net assets 0
Permanently restricted net assets
0
Change in permanently restricted net assets 0
Increase in net assets 0
Beginning balance, net assets
Ending balance, total net assets $0