Which of the following describes a record of all charges or services rendered, any payments made, and any adjustments?

A patient ledger is a comprehensive record that documents all the financial activities associated with a patient’s account within a medical practice. This includes all charges for services provided, payments received from the patient or their insurer, and any adjustments that may need to be made, such as discounts or write-offs.

Maintaining a patient ledger is crucial for both patients and medical facilities, as it allows for easy tracking of outstanding balances and payment histories. This financial document serves as an essential tool for billing and accounting within the healthcare setting, ensuring transparency in the financial transactions between the patient and the provider.

In contrast, remittance advice refers to a document sent by a payer that outlines payments made and may include explanations about those payments, but it does not serve as a comprehensive account of all patient charges. A day sheet is a summary of daily transactions in a practice, helping track total revenues and expenses but not limited to a specific patient. An explanation of benefits (EOB) is a statement from an insurance company that shows what medical treatments and services were paid but doesn't detail payments or charges on a patient level. Thus, the patient ledger is the most accurate representation of a patient’s financial record in the context provided.