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