fiorella and sanchez physicians budgeted for the following revenues and expenses for 491863

Preparing a budgeted income statement

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Fiorella and Sanchez, physicians, budgeted for the following revenues and expenses for September:

Depreciation – equipment

$1,850

Fringe benefits

3,300

Lease expense

2,500

Nursing wages

4,500

Physicians’ salaries

28,000

Patient revenue

58,500

Secretarial support

2,200

Utilities

650

Prepare a budgeted income statement for the month ending September 30, 2013.

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