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