Match the Type of Adjustment Made to a Patient's Account

question 61

Multiple Choice

Match the type of adjustment made to a patient's account with its definition.Note: Answers may be used more than once.
-​In the patient's account,add the amount of the check back into the account by entering the amount in parentheses in the paid column

• A)nonsufficient funds check
• B)​collection agency transaction
• C)​credit balance
• D)third party

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Definitions:

Collections

The process of receiving payment on accounts receivable or the amounts collected.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the product.

Collections

The process of receiving payments from customers or clients for goods or services rendered.

Merchandise Purchases

The total cost of goods bought for resale during a specific period in a retail or wholesale business.