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Refer to the table shown that depicts a third-party payer market. What is the cost of this program to the third-party if a $1 co-pay is established?
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances before preparing financial statements.
Depreciation
The accounting method of allocating the cost of a tangible asset over its useful life, reflecting its decrease in value over time.
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