The Accounts Receivable Account for James Rivers Inc

question 12

Multiple Choice

The accounts receivable account for James Rivers Inc. had a beginning balance of $6,000. During the month, the company received payments of $8,000 and additional accounts of $11,000. The ending balance in accounts receivable is _____ and is a ______.

• A)$9,000, credit
• B)$9,000, debit
• C)$3,000, debit
• D)$3,000, credit

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Definitions:

Source-Oriented Medical Record

A source-oriented medical record is a method of recording healthcare information where data is organized according to the source of documentation, such as by physician, nurse, or laboratory.

Major Disadvantage

Refers to the most significant negative aspect or drawback associated with a situation, plan, or decision.

Medication Administration Record (MAR)

A comprehensive report that tracks all the drugs administered to a patient, including the time, dose, and route.

Subcutaneously

Pertaining to the administration of medication or fluids injected just under the skin.