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County General Hospital Estimates Uncollectible Accounts to Be $112,000 and Contractual

Question 14

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County General Hospital estimates uncollectible accounts to be $112,000 and contractual adjustments to be $79,000. The entry needed to record these estimates would be \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad  Debit  Credit \begin{array}{lcr}&\quad\quad\text { Debit } &\quad\quad \quad \text { Credit }\end{array}
A)
 Expenses $191,000 Allowance for Doubtful Accounts $191,000\begin{array}{lcr} \text { Expenses }& \quad\quad\quad \$ 191,000 & \\\quad \text { Allowance for Doubtful Accounts } & &\quad\quad \$ 191,000 \\\end{array}

B)
 Expenses $112,000 Revenue Deductions - Contractual Adjustments 79,000 Allowance for Doubtful Accounts $112,000 Allowance for Contractual Adjustments 79,000\begin{array}{lcr}\text { Expenses } & \$ 112,000 & \\\text { Revenue Deductions - Contractual Adjustments } & 79,000 & \\\text { Allowance for Doubtful Accounts } & & \$ 112,000 \\\text { Allowance for Contractual Adjustments } & & 79,000\end{array}

C)
 Revenue Deductions - Uncollectible Accounts $112,000 Expenses 79,000 Allowance for Doubtful Accounts $112,000 Allowance for Contractual Adjustments 79,000\begin{array}{lcr} \text { Revenue Deductions - Uncollectible Accounts } &\quad \$ 112,000 & \\\text { Expenses } & 79,000 & \\\quad \text { Allowance for Doubtful Accounts } & & \$ 112,000 \\\text { Allowance for Contractual Adjustments } &&79,000 & \\\end{array}

D)
 Revenue Deductions - Uncollectible Accounts $112,000 Revenue Deductions - Contractual Adjustments 79,000 Allowance for Doubtful Accounts $112,000 Allowance for Contractual Adjustments 79,000\begin{array}{lcr}\text { Revenue Deductions - Uncollectible Accounts } &\$ 112,000 & \\\text { Revenue Deductions - Contractual Adjustments } &79,000 & \\\quad \text { Allowance for Doubtful Accounts } & &\$ 112,000 \\\quad \text { Allowance for Contractual Adjustments }&&79,000\end{array}

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