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Which of the Following Correctly Identifies Normal Balances of Accounts

question 91

Short Answer

Which of the following correctly identifies normal balances of accounts? a.
 Assets  Debit  Liabilities  Credit  Stockholders’ Equity  Credit  Revenues  Debit  Expenses  Credit \begin{array}{ll}\text { Assets } & \text { Debit } \\\text { Liabilities } & \text { Credit } \\\text { Stockholders' Equity } & \text { Credit } \\\text { Revenues } & \text { Debit } \\\text { Expenses } & \text { Credit }\end{array}

b.
 Assets  Debit  Liabilities  Credit  Stockholders’ Equity  Credit  Revenues  Credit  Expenses  Credit \begin{array}{ll}\text { Assets } & \text { Debit } \\\text { Liabilities } & \text { Credit } \\\text { Stockholders' Equity } & \text { Credit } \\\text { Revenues } & \text { Credit } \\\text { Expenses } & \text { Credit }\end{array}

c.
 Assets  Credit  Liabilities  Debit  Stockholders’ Equity  Debit  Revenues  Credit  Expenses  Debit \begin{array}{ll}\text { Assets } & \text { Credit } \\\text { Liabilities } & \text { Debit } \\\text { Stockholders' Equity } & \text { Debit } \\\text { Revenues } & \text { Credit } \\\text { Expenses } & \text { Debit }\end{array}

d.

 Assets  Debit  Liabilities  Credit  Stockholders’ Equity  Credit  Revenues  Credit  Expenses  Debit \begin{array}{ll}\text { Assets } & \text { Debit } \\\text { Liabilities } & \text { Credit } \\\text { Stockholders' Equity } & \text { Credit } \\\text { Revenues } & \text { Credit } \\\text { Expenses } & \text { Debit }\end{array}

Identify the processes and significance of credentialing in healthcare.
Understand the rights of patients under the Patient Care Partnership and related legal standards.
Recognize the importance of proper communication and contractual agreements in healthcare operations.
Understand the impact of relevant federal laws on healthcare practices, including HIPAA and GINA.

Definitions:

Stanley Schachter

An American psychologist known for his development of the Two Factor Theory of Emotion, which suggests that emotions are determined by physiological arousal and cognitive labeling.

Jerome Singer

Jerome Singer is a psychologist known for his research in the areas of imagination, daydreaming, and the development of cognitive theories of emotion and personality.

Blood Sugar Levels

The concentration of glucose in the blood, important for the body’s energy management.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in regulating heart rate, blood vessel and air passage diameters, and metabolic shifts.

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