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Emergency test results indicate that Mr. Hartman has had an MI due to 90% occlusion of the right coronary artery. The physician has determined that a procedure needs to be performed immediately to open the artery. Which of the following procedures is the physician most likely to order for Mr. Hartman?
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance, based on the account type.
Temporary/Permanent
Categories used to distinguish between accounts that are closed at the end of an accounting period (temporary) and those that carry forward their balance into future periods (permanent).
Accrued Interest
Interest on loans or bonds that has accumulated but not yet been paid.
Note Receivable
An asset account representing amounts owed to a company by customers or others who have signed promissory notes in favor of the company.
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