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Merchant Corporation provides plumbing services.Transactions of Merchant during the first year of operations are given below.
a) Received $12,000 cash and issued common stock to Sharon.
b) Paid $1,600 cash for equipment to be used for plumbing repairs.
c) Borrowed $14,000 from a local bank and deposited the money in the checking account.
d) Paid $600 rent for the year.
e) Purchased $200 of office supplies by cash.
f) Completed a plumbing repair project for a local lawyer and received $3,000 cash.
Calculate the amount of total liabilities at the end of the first year.
Outpatient Levels
Degrees or types of medical or psychiatric care provided to patients who visit a healthcare facility but do not require admission to a hospital.
Quadrants of Care
A framework in health care that categorizes types of services provided into four parts to address the varying needs of patients.
Psychiatric Disorders
Mental health conditions characterized by alterations in thinking, mood, or behavior associated with distress or impaired functioning.
SUDs
Substance Use Disorders, a condition characterized by the excessive use of substances, including alcohol and drugs, leading to significant impairment or distress.
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