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Entries for the Warren Clinic 2012 income statement are listed below in Alphabet

ID: 2378947 • Letter: E

Question

Entries for the Warren Clinic 2012 income statement are listed below in

Alphabetical order. Reorder the data to reflect income statement format.

Bad debt expense            $ 40,000

Depreciation expense    90,000

General/administrative expenses             70,000

Interest expense              20,000

income  40,000

Net income         30,000

Other operating revenue              10,000

Patient service revenue                 440,000

Purchased clinic services                90,000

Salaries and benefits       150,000

Explanation / Answer

Patient service revenue 440,000
Interest income 40,000
Other revenue 10,000


Salaries and benefits 150,000
Purchased clinic services 90,000
Bad bet expense $40,000
Depreciation expense 90,000
General/administrative expense 70,000
Interest expense 20,000
Net income 30,000