BSC Hospital
Balance Sheet
December 31, 2019
Assets:
Current Assets:
Cash
Accounts Receivable, net
Medical Supplies Inventory
Prepaid Assets
Total Current Assets
Long-Term Assets:
Equipment(net)
Other Assets
Total Assets
$14,202
5,918
1,211
1,429
$22,760
33,769
901
$57.430
Liabilities:
Current Liabilities:
Accounts Payable
$1,910
Accrued Compensation/benefits
2,543
Other accrued liabilities
1,843
Current portion of long-term debt
2,064
Total Current Liabilities
$8,360
Long-Term debt
21,640
Total Liabilities
$30,000
Owner's Equity:
John Doe, Capital
27,430
Total Liabilities & Owner Equity
$57.430
BSC Hospital
Income Statement
For the Year Ended, December 31, 2019
Patient Service Revenue
$66,962
Provision for Bad Debt
(2.457)
Net Patient Service Revenue
64,505
Operating Expenses:
Personnel Expense
$21,707
Medical Supplies Expense
15,047
Other Operating Expense
9,721
Depreciation Expense
2.625
Total Operating Expenses
(49,100)
Income From Operations
15,405
Other Revenue and Expenses:
Interest Revenue
159
Interest Expense
(1.322)
Net Income
$14.242
