The first step in understanding healthcare finance is to learn how a facility would build an operating budget. Letâ€s start with a statement of financial position and determine what is an asset and a liability for a healthcare facility.
In a Word document, review the following financial record and create a Statement of financial position of at least 500 words with at least 1 citation used as a reference based on the Shoreline Hospital Statement of Activities below. Follow the example State of Financial Position provided in the assignment background information. As an additional resource, you can review more information about the statement of financial position, “Statement of Financial Position”. (Links to an external site.)Your file submission should be named Lastname_Firstname_Assignment_1Shoreline
Hospital Statement of Activities is attached
Here is the example https://www.myaccountingcourse.com/financial-statements/statement-of-financial-position
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Statement of financial position, asset and liability

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