From the text fundamentals of healthcare finance 2nd


From the text " Fundamentals of Healthcare Finance" 2nd edition by Louis C. Gapenski, page 352 end of chapter problem 11.1

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

Nonoperating 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

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Financial Management: From the text fundamentals of healthcare finance 2nd
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