Income Statement Assignment | Homework For You
January 24th, 2020
Reorder the following items to create an income statement with the correct categories and placement. Do the math and make sure everything adds up correctly!
Bad debt expense $ 50,000
Depreciation expense $ 100,000
General/administrative expense $ 80,000
Interest expense $20,000
Nonoperating income $50,000
Net income $40,000
Other operating revenue $20,000
Patient service revenue $450,000
Purchased clinic services $ 100,000
Salaries and benefits $ 160,000. Get Finance homework help today
