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The purpose of this discussion is to demonstrate your knowledge of accurately applying accounting practices to transactions. Read:Discussion Background Your co-worker, Natasha, is not following

The purpose of this discussion is to demonstrate your knowledge of accurately applying accounting practices to transactions.

Read:Discussion Background

Your co-worker, Natasha, is not following proper accounting practices. When Natasha receives a payment from a patient, she is crediting cash and debiting patient services. She believes her actions are justified because she thinks it all goes to the same place.

Journal Entry Example:

image text in transcribed
D2L Read: Chapter 3, The Double-Ent x D2L HM1030 - Week 2 - HM1030: Acc X CengageNOWv2 | Assignments | X SAM SAM - launchAssignment X + V X - -> C D a umalearn.brightspace.com/d21/le/content/30519/Home GENERAL JOURNAL Date Description Post Ref. Debit Credit Patient Services 120 00 Cash 75 00 Note: TOTAL 120 00 75 00 2. Initial Post: Create a new thread and answer all three parts of the below 1. Explain why Natasha's jounal entry is incorrect. 2. Explain how a small accounting error can lead to larger problems in a Healt 3. Explain how you would approach Natasha about her actions and who you 64OF Sunny ENG 1:52 PM 10/9/2022 11

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