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Accounts Other revenue 7 , 5 0 0 Net property plant and equipment 2 2 , 0 0 0 Physician services expense 3 5 ,
Accounts
Other revenue
Net property plant and equipment
Physician services expense
Premium revenue
Marketing expense
Compensation expense
Interest income and other revenue
Outside referral expense
Medicare revenue
Occupancy and depreciation expense
Current portion of longterm debt
Accounts receivable
Emergency room expense
Inpatient services expense
Interest expense
Medicaid revenue
Owners' equity
Cash and cash equivalents
Longterm debt
Other administrative expense
Instructions
Organize these accounts into a balance sheet and income statement. It will probably work best to use a simple format for the income statement that doesn't distinguish between operating and nonoperating income. Similarly, don't worry about the distinction about current and noncurrent assetsliabilities though you can certainly think aboutdiscuss what categories these accounts would fall into
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