The following information is contained in the funds which are used to account for the transactions of the Hope Hospital,which is operated by a nonprofit,religious organization.The balances in the accounts are as of June 30,20X9,the end of the hospital's fiscal year.Credit amounts are in parentheses.
Additional information:
The $64,000 in the specific purpose fund is restricted for research activities to be conducted by the hospital.
Required:
Prepare a balance sheet for Hope Hospital as of June 30,20X9.

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The Answer of The following information is contained in the funds which are used to account for the transactions of the Hope Hospital,which is operated by a nonprofit,religious organization.The balances in the accounts are as of June 30,20X9,the end of the hospital's fiscal year.Credit amounts are in parentheses.
Additional information:
The $64,000 in the specific purpose fund is restricted for research activities to be conducted by the hospital.
Required:
Prepare a balance sheet for Hope Hospital as of June 30,20X9.

The Following Information Is Contained in the Funds Which Are