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Sally Burns meets with her physician complaining of a headache, sore throat, and coughing. She has a group health insurance through her employer which has
Sally Burns meets with her physician complaining of a headache, sore throat, and coughing. She has a group health insurance through her employer which has a co-payment of $100.00. She pays the co-payment in cash. The physician's practice standard billing rate for a routine office visit is $275.00. Complete the journal entry to record the cash received from Sally Burns during the office visit. Account Number Description Debit Credit a. Credit of $275.00 b. Debit of $100.00 c. Debit of $275.00 d. Credit of $100.00
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