1. What is a balance sheet? Why is it important for leadership of a healthcare...

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Accounting

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1. What is a balance sheet? Why is it important for leadership of a healthcare organization to monitor its balance sheet? 2. Place an "X" in the appropriate box for each balance sheet item listed below. Note: Some balance sheet items may fall into multiple categories, therefore, choose the most relevant option. Each category below must have only one "X". Short-Term Asset Long-Term Asset Short-Term Liability Long-Term Liability Cash on hand Accounts receivable Equipment Mortgage payable Buildings Current Note clue lnve ntory Bonds payable Payroll taxes due

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