Which journal entry is correct for the following: Bills are submitted to insurance companies in the amount of $90,000 for services rendered to patients?
a) Debit: Accounts Receivable $90,000; Credit: Service Revenue $90,000
b) Debit: Cash $90,000; Credit: Accounts Receivable $90,000
c) Debit: Cash $90,000; Credit: Service Revenue $90,000
d) Debit: Accounts Receivable $90,000; Credit: Cash $90,000
