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Garry Hospital provides $1,600 of routine services and $1,400 of ancillary services to a patient under a third-party contract that provides for 85 percent reimbursement
Garry Hospital provides $1,600 of routine services and $1,400 of ancillary services to a patient under a third-party contract that provides for 85 percent reimbursement to the hospital. The remain- ing 15 percent is not billable to the patient. Required: Make general journal entries to record (1) the services rendered to the patient and (2) the collection of the patient's account
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