Healthcare
Collection of Patient Co-payment
Recording the cash paid by the patient at the time of service (the 'out-of-pocket' portion).
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Hand | Asset (+) | 50.00 | - |
| Patient Accounts Receivable | Asset (-) | - | 50.00 |
💡 Accountant's Note
The co-pay reduces the total receivable. The remaining balance will be billed to the insurance provider.
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