Homework answers / question archive / The nominal accounts of South Orlando Nursing Home Inc

The nominal accounts of South Orlando Nursing Home Inc

Accounting

Share With

The nominal accounts of South Orlando Nursing Home Inc. for the year ended December 2020 are listed below in alphabetical order: Depreciation Insurance and other Interest Medical supplies and drugs Other revenue Patient service revenue Provision for bad debt Provision for income taxes Salaries and benefits $ 80,000 300,200 190,000 920,400 110,564 3,274,258 120,000 96,377 1,498,860 a. Prepare a properly formatted income statement for the year ended December 31, 2020.