PERFORMANCE OBJECTIVE Task: Post entries to patients' ledger cards and calculate running balances. Conditions: Use calculator, pen, and four ledger cards. Complete the following ledger cards, using the current date to post al transactions. Note: Typically, when using a ledger card all transactions that occur on the same day are posted on one line. However, in this exercise, each transaction is posted on a separate line to simplify the learning process and make sure that the addition of charges, subtraction of payments and adjustments, and the running balance are calculated correctly Scoring: Divide the points earned by the total possible points. Standards: Time 30 minutes Accuracy: 80 % or higher Pts. ScoreP/F 25 25 Main Procedure Steps 1. Elizabeth Hooper has a small uncollected balance due. Dr. Practon said he wishes to 2. Maria Sanchez was in for a consultation and has made several payments on her 3. Brett Walker paohis account and his insurance also paid, resulting in write off the balance. Calculate the running balance and post the adjustment en account. Calculate each posting entry to determine the running balances 25 an overpayment. The patient is to receive a refund. Calculate the running balancs and post the refund (check 2068) to clear the negative balance Edna Hargrove issued a check for payment toward her last office visit, but it was returned today by XYZ Bank and marked nonsufficient funds (NSF). Calculate the running balance and post the returned check as well as the $10 bank charge on the ledger card 4. 25