Question
On October 20, you need to complete the daily journals started for October 17, October 18, and October 19. Note that the patients have been
On October 20, you need to complete the daily journals started for October 17, October 18, and October 19. Note that the patients have been listed for you. Information for charges has been obtained from each patients encounter form or from payments received on account. For each daily journal, total columns A, B, C, D, and E. Type those amounts, in dollars and cents (XX.XX), in the appropriate column of the TOTALS row at the bottom of each journal. Do NOT include a dollar sign ($) or commas in your answer. Then complete the Proof of Posting, Accounts Receivable Control, and Daily Cash sections. Post the daily ending accounts receivable balance onto the next daily journal. Note that no deposits were yet made. NOTE: For the purposes of this exercise, "Daily Cash" includes all non-charge payments as seen in the "Payment (B)" column.
DAILY JOURNAL |
DATE 10/17/20-- SHEET NO. 102
RECEIPT NUMBER | DATE | DESCRIPTION | CHARGE (A) | PAYMENT (B) | ADJ (C) | BALANCE (D) | PREVIOUS BALANCE (E) | NAME |
1090 | 10/17 | OV | 44.00 | ----- | ----- | 44.00 | ----- | Sherman |
1091 | 10/17 | OV/Strep Screen | 83.00 | 16.60 | ----- | 66.40 | ----- | Villano |
1092 | 10/17 | OV | 44.00 | ----- | ----- | 147.00 | 103.00 | Robertson |
1093 | 10/17 | OV/Lab | 241.00 | 48.20 | ----- | 192.80 | ----- | Armstrong |
1094 | 10/17 | OV | 44.00 | ----- | ----- | 44.00 | ----- | Casagranda |
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| TOTALS |
Proof of Posting | Accounts Receivable Control | Daily Cash | |||
Column E Total | Previous Balance | 6260.40 | Open Cash on Hand at Beginning of Day | 0.00 | |
Plus Column A Total | Plus Column A Total | ||||
Subtotal | Subtotal | Cash Received During Day | |||
Minus Column B Total | Minus Column B Total | ||||
Equals Column D Total | Present Accounts Receivable Balance | Total |
DAILY JOURNAL |
DATE 10/18/20-- SHEET NO. 103
RECEIPT NUMBER | DATE | DESCRIPTION | CHARGE (A) | PAYMENT (B) | ADJ (C) | BALANCE (D) | PREVIOUS BALANCE (E) | NAME |
1095 | 10/18 | OV (WC) | 44.00 | ----- | ----- | 44.00 | ----- | Sun, Cheng |
1096 | 10/18 | OV | 44.00 | ----- | ----- | 44.00 | ----- | Jonathan |
1097 | 10/18 | CPE/Lab | 278.00 | ----- | ----- | 278.00 | ----- | Babcock |
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| TOTALS |
Proof of Posting | Accounts Receivable Control | Daily Cash | |||
Column E Total | Previous Balance | Open Cash on Hand at Beginning of Day | |||
Plus Column A Total | Plus Column A Total | ||||
Subtotal | Subtotal | Cash Received During Day | |||
Minus Column B Total | Minus Column B Total | ||||
Equals Column D Total | Present Accounts Receivable Balance | Total |
DAILY JOURNAL |
DATE 10/19/20-- SHEET NO. 104
RECEIPT NUMBER | DATE | DESCRIPTION | CHARGE (A) | PAYMENT (B) | ADJ (C) | BALANCE (D) | PREVIOUS BALANCE (E) | NAME |
1098 | 10/19 | OV | 44.00 | ----- | ----- | 44.00 | ----- | Sinclair |
1099 | 10/19 | OV | 44.00 | ----- | ----- | 137.00 | 93.00 | Lund |
1100 | 10/19 | OV | 44.00 | 8.80 | ----- | 43.65 | 8.45 | Mendez |
1101 | 10/19 | CPE/UA | 163.00 | ----- | ----- | 455.00 | 292.00 | Mitchell, D. |
1102 | 10/19 | OV | 44.00 | ----- | ----- | 44.00 | ----- | Dayton |
1103 | 10/19 | Nursing home visit | 53.00 | ----- | 53.00 | ----- | Murrary | |
TOTALS | ||||||||
Proof of Posting | Accounts Receivable Control | Daily Cash | |||
Column E Total | Previous Balance | Open Cash on Hand at Beginning of Day | |||
Plus Column A Total | Plus Column A Total | ||||
Subtotal | Subtotal | Cash Received During Day | |||
Minus Column B Total | Minus Column B Total | ||||
Equals Column D Total | Present Accounts Receivable Balance | Total |
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