Balance Sheet Assets Cash and Cash Equivalents Net Patient Receivables $780,258 $1,547,377 Grants & Other Receivables $55,545 Prepaid Expenses $122,763 Long-term Assets Total Assets Liabilities $334,757 $2,840,700 Account Payable $174,085 Accrued Expenses $363,905 Current Portion of LT Liabilities $194,743 Long-term Liabilities $163,870 Total Liabilities Net Assets $897,603 $1,943,097 What assets add up to the current total? $1,676,940 $2,505,943 $733,733 $474,910 I need to learn this.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Balance Sheet
Assets
Cash and Cash Equivalents
Net Patient Receivables
$780,258
$1,547,377
Grants & Other Receivables
$55,545
Prepaid Expenses
$122,763
Long-term Assets
Total Assets
Liabilities
$334,757
$2,840,700
Account Payable
$174,085
Accrued Expenses
$363,905
Current Portion of LT Liabilities
$194,743
Long-term Liabilities
$163,870
Total Liabilities
Net Assets
$897,603
$1,943,097
What assets add up to the
current total?
$1,676,940
$2,505,943
$733,733
$474,910
I need to learn this.
Transcribed Image Text:Balance Sheet Assets Cash and Cash Equivalents Net Patient Receivables $780,258 $1,547,377 Grants & Other Receivables $55,545 Prepaid Expenses $122,763 Long-term Assets Total Assets Liabilities $334,757 $2,840,700 Account Payable $174,085 Accrued Expenses $363,905 Current Portion of LT Liabilities $194,743 Long-term Liabilities $163,870 Total Liabilities Net Assets $897,603 $1,943,097 What assets add up to the current total? $1,676,940 $2,505,943 $733,733 $474,910 I need to learn this.
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