Which Entry Would Be the Correct Entry to Record That

question 18

Multiple Choice

Which entry would be the correct entry to record that a hospital has provided patient services for $200,000, of which 25% will be billed to a third party? DEBIT CREDIT

• A) Accounts Receivable-Patients $200,000 Patient Service Revenue $200,000
• B) Accounts Receivable-Patients $150,000 Patient Service Revenue $200,000 Accounts Receivable-Third Party $50,000
• C) Accounts Receivable-Patients $50,000 Accounts Receivable-Third Party $150,000 Patient Service Revenue $200,000
• D) Accounts Receivable-Patients $200,000 Patient Service Revenue $50,000 Accounts Receivable - Third Party $150,000
• E) Patient Service Revenue $200,000 Accounts Receivable-Patients $150,000 Accounts Receivable-Third Party $50,000

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