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During a particular week at Dar Alshifa'a hospital records $3.6 million in patient charges. It estimates that $2.4 million of the charges will be billed

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During a particular week at Dar Alshifa'a hospital records $3.6 million in patient charges. It estimates that $2.4 million of the charges will be billed to Jordan Insurance Company, services rendered during the week were only $2,340,000. An amount of $450,000 is distributed by billing uninsured patients. However, the hospital estimates that 180,000 will be uncollectible. Meanwhile $150,000 are services purified to the employees working in the hospital which were provided later on with a 50% discount, and $600,000 are provided to indigents. Depreciation of the hospitals fixed assets for the year by using the straight line method is $200,000. The hospital is facing a laws suit in court related to negligence expecting a loss of $2,500,000, while Jordan Insurance Co. will carry $750,000. Required: Record the necessary transactions related to that working week. During a particular week at Dar Alshifa'a hospital records $3.6 million in patient charges. It estimates that $2.4 million of the charges will be billed to Jordan Insurance Company, services rendered during the week were only $2,340,000. An amount of $450,000 is distributed by billing uninsured patients. However, the hospital estimates that 180,000 will be uncollectible. Meanwhile $150,000 are services purified to the employees working in the hospital which were provided later on with a 50% discount, and $600,000 are provided to indigents. Depreciation of the hospitals fixed assets for the year by using the straight line method is $200,000. The hospital is facing a laws suit in court related to negligence expecting a loss of $2,500,000, while Jordan Insurance Co. will carry $750,000. Required: Record the necessary transactions related to that working week

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