In order to successfully complete the 3A Accounting quiz on accounts receivable application, the student should be able to perform the following tasks:

• understand the need for a subsidiary Accounts Receivable Ledger;

• organize such a subsidiary Accounts Receivable Ledger;

• prepare a patient ledger card as well as a dental fee bill for a dental firm;

• journalize dental charges within a special Fees Earned Journal;

• post the entries within the Fees Earned Journal:
  • on a daily basis to the individual patients' ledger cards, and
  • on a monthly basis to the Genral Ledger

• prepare a daily cash proof and/or a bank deposit slip;

• journalize payments on customer accounts within a special Cash Receipts Journal;

• post the entries within the Cash Receipts Journal:
  • on a daily basis to the individual patients' ledger cards, and
  • on a monthly basis to the Genral Ledger

• prepare a Schedule of Accounts Receivable.