Refer to the transactions pertaining to Bayshore Radiology Center presented in this chapter. Restate the impact of the transactions on Bay-shore’s balance sheet using these data:

Refer to the transactions pertaining to Bayshore Radiology Center presented in this chapter. Restate the impact of the transactions on Bay-shore’s balance sheet using these data:

a. Transaction : The $200,000 equipment purchase is made with long-term borrowings instead of cash.

b. Transaction 3: The $20,000 in supplies are purchased with cash in-stead of on trade credit.

c. Transaction: The $50,000 in services provided are immediately paid for by patients instead of billed to third-party payers.