County General Hospital Estimates Uncollectible Accounts to Be $112,000 and Contractual
Question 14
Question 14
Short Answer
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 Debit Credit A) Expenses Allowance for Doubtful Accounts $191,000$191,000
B) Expenses Revenue Deductions - Contractual Adjustments Allowance for Doubtful Accounts Allowance for Contractual Adjustments $112,00079,000$112,00079,000
C) Revenue Deductions - Uncollectible Accounts Expenses Allowance for Doubtful Accounts Allowance for Contractual Adjustments $112,00079,000$112,00079,000
D) Revenue Deductions - Uncollectible Accounts Revenue Deductions - Contractual Adjustments Allowance for Doubtful Accounts Allowance for Contractual Adjustments $112,00079,000$112,00079,000
Correct Answer:
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