Bilateral Reporting: A recent audit of hospital accounts with bilateral cataract procedures coded showed the following: 35 accounts coded 66984-RT Unit of Service 1 66984-LT
Bilateral Reporting:
A recent audit of hospital accounts with bilateral cataract procedures coded showed the following:
35 accounts coded 66984-RT Unit of Service 1
66984-LT Unit of Service 1
172 accounts coded 66984-50 Unit of service 1
7 accounts coded 66984 Unit of service 1
66984-50 Unit of service 1
2 accounts coded 66984 Unit of service 2
1. Review the codes in your CPT manual.
2. Learn the appropriate way the code should be reported.
3. Determine/comment the results of the audit.
4. Develop a coding procedure for bilateral cataract procedures that will meet compliance under the National Correct Coding Initiative.
Centers for Medicare and Medicaid Services (2015). NCCI Policy Manual for Medicare Services.
Question 4 1 pts Account Account code Account name code Account name 100 Cash at bank Capital 110 Accounts receivable 320 Drawings 120 Inventory 10 Sales 130 Office supplies 430 Rent expense 140 Prepaid expenses 140 Advertising expense 150 Office equipment 150 Wages expense 155 Accumulated depreciation-office equipment 160 Telephone expense 160 Motor vehicle 470 Office supplies expense 165 Accumulated depreciation-motor vehicle 480 Interest expense 210 Accounts payable 490 Depreciation expense 220 Accrued expenses 510 Interest income 230 GST collected/payable 600 Profit/loss summary 240 GST paid/receivable 250 Loan Record the general journal entry for following transaction: Larry paid office rent for July, August and September of $4,800 (GST exclusive). Debit account code. 430 Debit $: 4800Topic Task 7: Sampling Distributix Swinburne University of Technol x () Quiz: Assessment Task 1: Mid ser X + instructure.com/courses/27582/quizzes/104611/take/questions/1377507 Larry invested $60,000 cash into the business. If GST is not applicable record 'O' in all GST fields. Debit account code: Debit $: Credit account code: Credit $: GST account code: GST debit/credit: GST $: Previous NextUse the following account codes, determine which accounts to be Dr./Cr. if you have to journalize transactions a. to e. : 01 Cash 02 Dividend 03 Share capital- ordinary shares 04 Share capital - preference shares 05 Share premium : ordinary shares 06 Share premium: treasury shares 07 Dividend payable 08 Treasury shares Transaction Dr. Cr. a. Issued ordinary shares for an amount above par value b. Declared cash dividends on ordinary shares to be paid out next month. C. Paid cash dividends of b. above on ordinary shares. d. Purchased treasury shares e. Re-issued treasury shares above costIncorrect Question 9 0 / 1 ptS If the account code 2XX represents non current assets, the account code 22X represents xed assets, and the account code 222 represents computers, which of the following types of codes is being employed (note X represents any number from O to 9) Block Mnemonic Sequence Faceted Group A list of the accounts of Medford Corporation is given below. followed by some selected transactions. Indicate the accounts that should be debited and credited for the transaction or adjusting entry by placing the appropriate account codes in the debit and credit columns provided. [10 points) Code Account Code Account A. Cash I. Common stock B. Prepaid expenses J. Retained earnings C. Accounts receivable K. Rent revenue D. Service trucks L. Service revenue A l t d E. \"um? a e M. Expenses depreciation Dividends F. Accounts 3 able N. p y payable G. Notes payable 0. Utility Payable H. Unearned revenue P. Rent payable Transaction or . Debit Credit Closing entry Purchased a service truck for ' $50,000. paid in cash. Paid $600 for a two-year ' insurance policy covering the truck. Collected $1,000 in advance for provided next yean ' dividend. $2,000. Depreciation of ' truck must be recorded. Truck insurance used for one full recorded (see 1
