What Effect Will This Adjusting Journal Entry Have on the Accounting

question 64

Multiple Choice

What effect will this adjusting journal entry have on the accounting records?

• A) increase income
• B) decrease net income
• C) decrease expenses
• D) increase assets

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Definitions:

Electronic Medical Record

A digital version of a patient's paper chart, making healthcare information available instantly and securely to authorized users.

Electronic Health Record

A digital version of a patient’s medical history, maintained over time by authorized healthcare providers.

Digital Format

A form of storing information using digital technology that allows data to be accessed through electronic devices.

Patient Records

Documents that contain detailed and comprehensive information on an individual’s medical history and care within a healthcare framework.