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Styles HCA 105 Financial Practices for Health Care Organizations Section 4: Balancing the Ledger List the accounts involved in the following transaction 1) The hospital

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Styles HCA 105 Financial Practices for Health Care Organizations Section 4: Balancing the Ledger List the accounts involved in the following transaction 1) The hospital made a cash payment of $7,100 toward outstanding accounts payable 2) The hospital collected $34,000 in cash from its outstanding accounts I receivable. 3) The hospital provided $236,000 of patient services on credit but has not received as yet any payment 4) The hospital used $3,100 of supplies in the provision of patient services 5) The hospital paid cash for incurred interest expenses 6) The hospital received advanced payment of $800,000 for "rostered patients" 7) The hospital made a $3,900 cash payment toward its long-term debt 8) The hospital purchases $6,100 of supplies on credit 9) The hospital made a cash payment of $7,300 in advance for insurance purposes 10) The hospital incurred $5,300 in depreciation expense 11) The hospital made a cash payment of $14,100 for radiology equipment 12) The hospital's pre-paid insurance of $620 expired for the year 13) The hospital has established a provision of bad debt in the amount of $100,000 14) The hospital board set aside $350,000 in cash to be used next year for roof upgrade 15) The hospital has incurred $400,000 in unpaid staff wages

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