Here is financial statement information on four not-for-profit clinics:PittmanRoseBeckmanJaffeDecember 31, 2014:AssetsLiabilities50,000$80,000 $100,000dg$150,000$75,000jEquitya60,00045,00090,000December 31, 2015:Assetsb130,000 180,000kLiabilities55,00062,000h80,000Equity45,000e110,000145,000During 2015:Total revenuesC400,000i500,000Total expenses330,000f360,0001Fill in the missing values labeled a through 1.

A balance sheet is a financial statement that contains details of a company's assets or liabilities…

Here is financial statement information on four not-for-profit clinics: Pittman Rose Beckman Jaffe December 31, 2014: Assets Liabilities $80,000 $100,000 g $150,000 50,000 d $75,000 j Equity December 31, 2015: Assets a 60,000 45,000 90,000 b 130,000 180,000 k Liabilities Equity 55,000 62,000 h 80,000 45,000 e 110,000 145,000 During 2015: Total revenues 400,000 i 500,000 Total expenses 330,000 f 360,000 1 Fill in the missing values labeled a through 1.

Here is financial statement information on four not-for-profit clinics: Pittman Rose Beckman Jaffe December 31, 2014: Assets Liabilities $80,000 $100,000 g $150,000 50,000 d $75,000 j Equity December 31, 2015: Assets a 60,000 45,000 90,000 b 130,000 180,000 k Liabilities Equity 55,000 62,000 h 80,000 45,000 e 110,000 145,000 During 2015: Total revenues 400,000 i 500,000 Total expenses 330,000 f 360,000 1 Fill in the missing values labeled a through 1.

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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Question

Here is financial statement information on four not-for-profit clinics:
Pittman
Rose
Beckman
Jaffe
December 31, 2014:
Assets
Liabilities
50,000
$80,000 $100,000
d
g
$150,000
$75,000
j
Equity
a
60,000
45,000
90,000
December 31, 2015:
Assets
b
130,000 180,000
k
Liabilities
55,000
62,000
h
80,000
Equity
45,000
e
110,000
145,000
During 2015:
Total revenues
C
400,000
i
500,000
Total expenses
330,000
f
360,000
1
Fill in the missing values labeled a through 1.

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