A physical therapist has a standard charge of $100 for a back therapy session. A patient makes a co-payment of $20 at the time of service. His insurer sends a payment of $50. Which accounting entry for that payment is correct?
A. Accounts Receivable $80 credit
B. Accounts Receivable $50 credit
C. Medical Services Revenue $50 debit
D. Medical Services Revenue $20 debit
Answer: A
Health Professions
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