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Based on the facts in question 5, Mrs. Fosters insurance company pays the contract rate of $55.00 for the medical service. This is in addition

Based on the facts in question 5, Mrs. Fosters insurance company pays the contract rate of $55.00 for the medical service. This is in addition to the patients required copayment. Complete the following journal entry to record cash received, adjust medical services revenue, and clear the accounts receivable

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