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? DEBITCREDITA.Accounts Receivable-Patients $200,000Patient Service Revenue $200,000B.Accounts Receivable-Patients $150,000Accounts Receivable-Third Party $50,000Patient Service Revenue $200,000C.Accounts Receivable-Patients $50,000Accounts Receivable-Third Party $150,000Patient Service Revenue $200,000D.Accounts Receivable-Patients $200,000Patient Service Revenue $50,000Accounts Receivable - Third Party $150,000E.Patient Service Revenue $200,000Accounts Receivable-Patients $150,000Accounts Receivable-Third Party $50,000
A. Option B.
B. Option C.
C. Option A.
D. Option E.
E. Option D.
Answer: A
You might also like to view...
The numerator in the earnings per share calculation is
A) only the amount available to common shareholders. B) net income attributable to common shareholders. C) net income minus declared preferred stock dividends. D) All of these answer choices are correct.
When two or more individuals engage in an enterprise as co-owners, the organization is known as a proprietorship
Indicate whether the statement is true or false
A poorly run service desk can make even the most effective IT organization look bad.
Answer the following statement true (T) or false (F)
In January, 2002, Jones Company issues a pure-discount bond with a promised payment of X=$1000 that matures in T=5 years. The market price of the bond is P=$777 . The bond is default- risky. Specifically, the probability is 0
8 that Jones Company will pay the full amount of X at maturity, and is 0.2 that the firm will default, in which case the payoff to bondholders will be only $555 . Calculate the bond's promised yield to maturity, y, and expected return to maturity, rD. y rD a. 8.18% 5.18% b. 5.18% 5.18% c. 8.18% 3.23% d. 5.18% 3.23% e. 5.18% 1.57% FORMULAS: y = [X/P]1/T –1; rD = [E(PAY)/P]1/T –1, where E(PAY)= p[X] + (1-p)[X']