How Will the Following Adjusting Journal Entry Affect the Accounting

question 153

Multiple Choice

How will the following adjusting journal entry affect the accounting equation?

• A) Increase assets, increase revenues
• B) Increase liabilities, increase revenues
• C) Decrease liabilities, increase revenues
• D) Decrease liabilities, decrease revenues

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Definitions:

Medication Administration Record

A document used by healthcare professionals to record all of the drugs and medications administered to a patient.

Prescriber

A healthcare professional authorized to prescribe medications, treatments, or therapies to patients.

Medication Error

Mistakes in prescribing, dispensing, or administering medication that lead to, or have the potential to lead to harm to the patient.

Normal Saline

A sterile solution of sodium chloride in water, mimicking the salt concentration of the body, commonly used for IV infusions and wound care.