In A/an ________, an Expense Needs to Be Increased and a Liability

question 9

Multiple Choice

In a/an ________, an expense needs to be increased and a liability account set up.

• A)accrual
• B)prepayment
• C)depreciation
• D)bad debt adjustment

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Definitions:

Service Requirements

Specifications or conditions that must be met to fulfill a service.

Dental Clinic

A healthcare facility specializing in the diagnosis, prevention, and treatment of oral health issues, offering services such as dental check-ups, treatments, and surgeries.

Patients Arriving

The occurrence or process of patients coming to a healthcare facility for treatment or consultation.

Service Facility

A physical or virtual space where services are provided to customers, often including equipment, personnel, and infrastructure to deliver those services.