1 what is the date on the balance sheet 2 are there large

Question

As your first step, find a balance sheet for a U.S. healthcare organization. Then, complete the Balance Sheet Check List below.

Checklist for the Balance Sheet Review:

1. What is the date on the balance sheet?

2. Are there large discrepancies in balances between the prior year and the current year?

3. Did total assets increase over the prior year?

4. Did current assets increase, decrease, or stay about the same?

5. Did current liabilities increase, decrease, or stay about the same?

6. Did land, plant, and equipment increase or decrease significantly over the prior year?

7. Did long-term debt increase or decrease significantly over the prior year?

Answer 1

In this assignment, you have to complete the Balance sheet. For this, you can find out a balance sheet for a U.S. healthcare organization and review the check list for completing the balance sheet. A) Find out the date on the balance sheet? B) Are there big discrepancy in balances between the prior year and the present year? C) Did the net assets increase over the past year? D) Did present assets increase, decrease or stay similar? E) Did current liabilities increase, decrease or stay similar?