Billing Assignment Manual Daily Journal Entry Using the transactions provided below, complete the manual daily journal entry using a BLANK daily journal sheet. 1. Use today’s date for the daily journal sheet 2. The accounts receivable balance forward for today is $9,574.23 Transaction #1 Charges & Payment Made on Same Day Patient: Robert Mellgren Previous Balance: 0 Treatment Description: Preventive Services Total Charges: $176.00 Payment: paid in full by cheque Transaction #2 Charges.Today & Partial Payment Made Patient: Lisa Gillian Previous Balance: 0 Treatment Description: Restorative Services Total Charges: $213.79 Payment: $145.00 paid by cash Transaction #3 Previous Balance, New Charges, Payment Made in Full Patient: Marion Kennedy Previous Balance: $76.00 Treatment Description: Restorative Services Total Charges: $273.60 Payment: Account is paid in full, payment is made by credit card
Patient: Robert Mellgren
Previous Balance: $0
Treatment Description: Preventive Services
Total Charges: $176.00
Payment: Paid in full by cheque
Patient: Lisa Gillian
Previous Balance: $0
Treatment Description: Restorative Services
Total Charges: $213.79
Payment: $145.00 paid by cash
Patient: Marion Kennedy
Previous Balance: $76.00
Treatment Description: Restorative Services
Total Charges: $273.60
Payment: Account is paid in full, payment is made by credit card
Starting with an accounts receivable balance forward of $9,574.23, we recorded three transactions today.
In Transaction #1, patient Robert Mellgren was charged $176.00 for Preventive Services, and the payment was made in full by cheque.
In Transaction #2, patient Lisa Gillian was charged $213.79 for Restorative Services, and a partial payment of $145.00 was received in cash.
In Transaction #3, patient Marion Kennedy had a previous balance of $76.00. New charges of $273.60 for Restorative Services were added, and the entire account was paid in full, with the payment made via credit card.
This journal entry accurately reflects today’s financial transactions in the healthcare facility’s billing records.
Accounts Receivable Summary (as of [Current Date])
Opening Balance: $9,574.23
Charges Today: $663.39
Payments Today: $421.00
Closing Balance: $9,816.62 (Accounts Receivable Balance Forward for the next day)
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