Which One of the Following Accounts Below Would Likely Be

question 92

Multiple Choice

Which one of the following accounts below would likely be included in a deferral adjusting entry?

• A) Interest Revenue
• B) Unearned Revenue
• C) Salaries Payable
• D) Accounts Receivable

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Definitions:

U.S. Hospitals

Hospitals in the United States are healthcare institutions providing patient treatment with specialized staff and equipment.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved or is not achievable through market means.

Overallocation of Resources

A situation where resources are distributed or utilized excessively in one area at the expense of others, leading to inefficiency.

Rising Health Care Costs

The increase in the price of services and goods within the healthcare sector over time, affecting consumers, insurers, and government budgets.