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Part III Record the following T Accounts 1. Recorded revenue from cash patients of $30,000.00 Dr Cr Dr Cr 2. Paid employee wages of $50,000.00
Part III Record the following T Accounts 1. Recorded revenue from cash patients of $30,000.00 Dr Cr Dr Cr
2. Paid employee wages of $50,000.00 of the current week Dr Cr Dr Cr
3. Purchased medical supplies on account for $14,000.00 Dr Cr Dr Cr
4. Billed Belus Insurance Company on behalf of patients for services rendered $88,000.00 Dr Cr Dr Cr
5. Belus Insurance Company reimburses $56,000.00 for billings related in the above transaction. Dr Cr Dr Cr
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