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Category > Accounting Posted 20 May 2017 My Price 5.00

Reconstruct the 20X1 transactions of Tarzan Hospital to the extent possible

Tarzan Hospital began operations on January 1, 20X1, with $10,000 of assets, $6,000 of liabilities, and $4,000 of net assets. Following are the ledger accounts at December 31, 20X1:

Required: Reconstruct the 20X1 transactions of Tarzan Hospital to the extent possible.

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Alpha Geek
(8)
Status NEW Posted 20 May 2017 10:05 AM My Price 5.00

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Attachments

file 1495274599-1828998_1_636308393496104331_T-accounts-back.xlsx preview (86 words )
18-----------289-----------98&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------492-----------805-----------T a-----------cco-----------unt-----------s B-----------ack-----------Tar-----------zan----------- Ho-----------spi-----------tal----------- be-----------gan----------- op-----------era-----------tio-----------ns -----------on -----------Jan-----------uar-----------y 1-----------, 2-----------0X1-----------, w-----------ith----------- $1-----------0,0-----------00 -----------of -----------ass-----------ets-----------, $-----------6,0-----------00 -----------of -----------lia-----------bil-----------iti-----------es,----------- an-----------d $-----------4,0-----------00 -----------of -----------net----------- as-----------set-----------s. -----------Fol-----------low-----------ing----------- ar-----------e t-----------he -----------led-----------ger----------- ac-----------cou-----------nts----------- at----------- De-----------cem-----------ber----------- 31-----------, 2-----------0X1-----------:Tr-----------ans-----------act-----------ion----------- R-----------ef2-----------,34-----------,5R-----------equ-----------ire-----------d: -----------Rec-----------ons-----------tru-----------ct -----------the----------- 20-----------X1 -----------tra-----------nsa-----------cti-----------ons----------- of----------- Ta-----------rza-----------n H-----------osp-----------ita-----------l t-----------o t-----------he -----------ext-----------ent----------- po-----------ssi-----------ble-----------.Ca-----------sh -----------$50-----------0 -----------Pai-----------d -----------to -----------set-----------tle----------- Ac-----------cou-----------nts----------- Pa-----------yab-----------leM-----------erc-----------han-----------dis-----------e i-----------nve-----------nto-----------ry(-----------Ass-----------ets-----------) b-----------oug-----------ht -----------for----------- $1-----------500----------- on----------- Ac-----------cou-----------ntO-----------per-----------ati-----------ng
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