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Interpret the following transactions Dr Cr 1. Patient Receivable $5,000 Patient Revenue $5,000.00 Explanation 2. Cash $10,000.00 Patient Revenue $10,000.00 Explanation 3. Wage Expense $25,000.00
| Interpret the following transactions | ||||||||||
| Dr | Cr | |||||||||
| 1. Patient Receivable | $5,000 | |||||||||
| Patient Revenue | $5,000.00 | |||||||||
| Explanation | ||||||||||
| 2. Cash | $10,000.00 | |||||||||
| Patient Revenue | $10,000.00 | |||||||||
| Explanation | ||||||||||
| 3. Wage Expense | $25,000.00 | |||||||||
| Cash | $25,000.00 | |||||||||
| Explanation | ||||||||||
| $3,500.00 | ||||||||||
| 4. Medical Supplies | ||||||||||
| Accounts Payable | 43,500.00 | |||||||||
| Explanation | ||||||||||
| 5. Investments | $50,000.00 | |||||||||
| Cash | $50,000.00 | |||||||||
| 6. Intangible Assets | $100,000.00 | |||||||||
| Payable to Broker/Accounts Payable | $100,000.00 | |||||||||
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Auditing Human Resources
Authors: Kelli W. Vito
2nd Edition
0894136941, 978-0894136948
