Complete all of the activities in template, (attached ) Part II:Preparing a Bank Deposit, Activity 2 Part III:Managing the Healthcare Facility Business Bank Account Part IV:

Complete all of the activities in template, (attached ) Part II:Preparing a Bank Deposit, Activity 2 Part III:Managing the Healthcare Facility Business Bank Account Part IV:Reconciling a Bank Statement Also, utilizing the Statement of Financial Position on page 196 of the Accounting Fundamentals for Health Care Management text book (attached), compare the figures for 2013 and 2012. Compose a narrative of possible explanations for the documented charges in the year-end figures for the organization. Your response should be 150-200 words in length and submitted in a Word document.Table 18-1 Happy Hospital Statement of Financial Position As of December 31, 2013 and December 31, 2012 December 31 20132012Assets Current Assets Cash and Cash Equivalents$ 804,331$ 105,331 Accounts Receivable Patients, Less Allowances for Uncollectible Accounts$ 8,957,621$ 9,608,145 Other980,311803,025 Total Accounts Receivable9,937,93210,411,170 Inventory1,234,344498,100 Prepaid Expenses and Other Assets504,329971,917Total Current Assets12,480,93611,986,518Assets Limited as to Use55,732,20452,233,340Investments1,639,5291,464,780Property and Equipment, Net16,347,85916,886,005Prepaid Pension Asset296,7971,298,170Total Assets$ 86,497,325$ 83,868,813Liabilities and Net Assets Current Liabilities Accounts Payable and Accrued Expenses$ 1,601,308$ 1,586,144 Accrued Compensation and Amounts Withheld2,399,3652,491,736 Current Portion of Estimated Third-Party Payer Settlements322,1611,400,000Total Current Liabilities4,322,8345,477,880Estimated Third-Party Payer Settlements, Less Current Portion3,697,9393,530,000Total Liabilities8,020,7739,007,880Net Assets Unrestricted77,478,00873,967,293 Temporarily Restricted798,544693,640 Permanently Restricted200,000200,000Total Net Assets78,476,55274,860,933Total Liabilities and Net Assets$ 86,497,325$ 83,868,813

 

"Looking for a Similar Assignment? Order now and Get a Discount!

Place New Order
It's Free, Fast & Safe

"Looking for a Similar Assignment? Order now and Get a Discount!

Hey, wait!You Don't want to miss this offer!

Before you go, let us offer you a 20% discount coupon for your next purchase.