ahs 1500 medical office systems

Instructions

1.Reconciling Petty Cash

Each month, $150 is available in petty cash funds for small office expenditures. Expenses paid from petty cash during the month are listed below.

Postage	$26.00
Office supplies	$46.25
Delivery charge	$ 9.50
Physician’s parking fee	$12.00

What is the total for expenditures for the month from petty cash? Round your answer to the nearest cent and do not include the dollar sign ($) in your answer.

How much is left in the petty cash fund at the end of the month? Round your answer to the neareset cent and do not include the dollar sign ($) in your answer.

How much is needed to replenish petty cash for the next month? Round your answer to the nearest cent and do not include the dollar sign ($) in your answer.

2.Reconciling a Bank Statement

Using the following information from the bank’s monthly statement and the physician’s checkbook information, reconcile the bank statement with the physician’s balance. What is the missing “Deposits Not on Bank Statement” amount? Round your answer to the nearest cent and do not include the dollar sign ($) or commas in your answer.

INFORMATION ON BANK STATEMENT
Beginning Balance	$10,142.10
Total Debits/Checks	$ 8,090.54
Total Credits/Deposits	$17,983.18
New Balance	$20,034.74

INFORMATION FROM PHYSICIAN’S CHECKING ACCOUNT
Balance	$19,307.63
Outstanding Checks	$ 982.16
	$ 823.30

Deposits Not on Bank Statement

3Updating Daily Journals

Complete the daily journals started for October 17 and October 18. Note that the patients have been listed for you. Information for charges has been obtained from each patient’s encounter form or from payments received on account. For each daily journal, total columns A, B, C, D, and E. Type those amounts, in dollars and cents (“XX.XX”), in the appropriate column of the “TOTALS” row at the bottom of each journal. Do NOT include a dollar sign ($) or commas in your answer. Then complete the Proof of Posting, Accounts Receivable Control, and Daily Cash sections. Post the daily ending accounts receivable balance onto the next daily journal. Note that no deposits were yet made. NOTE: For the purposes of this exercise, “Daily Cash” includes all non-charge payments as seen in the “Payment (B)” column.

DAILY JOURNAL

DATE 10/17/20– SHEET NO. 102

RECEIPT NUMBER	DATE	DESCRIPTION	CHARGE (A)	PAYMENT (B)	ADJ (C)	BALANCE (D)	PREVIOUS BALANCE (E)	NAME
1090	10/17	OV	44.00	—–	—–	44.00	—–	Sherman
1091	10/17	OV/Strep Screen	83.00	16.60	—–	66.40	—–	Villano
1092	10/17	OV	44.00	—–	—–	147.00	103.00	Robertson
1093	10/17	OV/Lab	241.00	48.20	—–	192.80	—–	Armstrong
1094	10/17	OV	44.00	—–	—–	44.00	—–	Casagranda
								TOTALS

Proof of Posting	Accounts Receivable Control		Daily Cash
Column E Total	Previous Balance	6260.40	Open Cash on Hand at Beginning of Day	0.00
Plus Column A Total	Plus Column A Total		Open Cash on Hand at Beginning of Day	0.00
Subtotal	Subtotal		Cash Received During Day
Minus Column B Total	Minus Column B Total		Cash Received During Day
Equals Column D Total	Present Accounts Receivable Balance		Total

DAILY JOURNAL

DATE 10/18/20– SHEET NO. 103

RECEIPT NUMBER	DATE	DESCRIPTION	CHARGE (A)	PAYMENT (B)	ADJ (C)	BALANCE (D)	PREVIOUS BALANCE (E)	NAME
1095	10/18	OV (WC)	44.00	—–	—–	44.00	—–	Sun, Cheng
1096	10/18	OV	44.00	—–	—–	44.00	—–	Jonathan
1097	10/18	CPE/Lab	278.00	—–	—–	278.00	—–	Babcock
								TOTALS

Proof of Posting	Accounts Receivable Control	Daily Cash
Column E Total	Previous Balance	Open Cash on Hand at Beginning of Day
Plus Column A Total	Plus Column A Total	Open Cash on Hand at Beginning of Day
Subtotal	Subtotal	Cash Received During Day
Minus Column B Total	Minus Column B Total	Cash Received During Day
Equals Column D Total	Present Accounts Receivable Balance	Total

Continue to order Get a quote

Place your order

Type of paper

Academic level

Deadline

Pages (550 words)

Approximate price: $22

Calculate the price of your order

Type of paper needed:

Pages:

550 words

Academic level:

We'll send you the first draft for approval by September 11, 2018 at 10:52 AM

Total price:

$26

The price is based on these factors:

Academic level

Number of pages

Urgency

Basic features

Free title page and bibliography
Unlimited revisions
Plagiarism-free guarantee
Money-back guarantee
24/7 support

On-demand options

Writer’s samples
Part-by-part delivery
Overnight delivery
Copies of used sources
Expert Proofreading

Paper format

275 words per page
12 pt Arial/Times New Roman
Double line spacing
Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.