What effect will the following adjusting journal entry have on the accounting records? 
Definitions:
Economically Developed
Refers to countries that have a high level of economic growth and security through advanced technology, industry, and a high standard of living.
Working Conditions
The environment in which an individual works, including aspects such as safety, hours, physical conditions, and job demands.
Underdeveloped Countries
Nations with low levels of industrialization, infrastructure, and human development indices compared to more developed countries.
Transnational Corporations
Large companies operating in multiple countries, not tied to a single nation, and often influencing global trade and economics.
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