Barton Health Services provided care to a patient worth $1,200. Because the patient was over...
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Accounting
Barton Health Services provided care to a patient worth $1,200. Because the patient was over the age of 65, Barton granted the patient a 20% discount and the customer paid the correct amount in cash. How would Barton record the service transaction?
Question 17 options:
Debit: Cash 960
Credit: Service Revenue 960
Debit: Cash 1200
Credit: Service Revenue 1200
Debit: Cash 960
Debit: Trade Discount 240
Credit: Service Revenue 1200
Debit: Cash 1200
Credit: Trade Discount 240
Credit: Service Revenue 960
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