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Patient service receivables were written off using the

During 2015, Ace Hospital records $4,000,000 of patient service revenues from patients and insurance companies. At the end of the year, contractual adjustments totaled $100,000 and $200,000 of patient service receivables were written off using the direct write-off method. What amount of net revenue should Ace report?

a. $4,000,000.

b. $4,100,000.

c. $3,900,000.

d. $3,800,000

e. $3,700,000.

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Accounting Basics: Patient service receivables were written off using the

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