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Explain the Type of Information Needed to Prepare Journal Entries

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Essay

Explain the type of information needed to prepare journal entries to record the formation of a partnership.


Definitions:

Computer Competency

The ability to effectively use computer systems, software, and the Internet for various tasks.

Retrieve Information

The process of finding and bringing back data or details from a storage location or database.

Confidentiality

The ethical and legal duty to protect personal or sensitive information from unauthorized disclosure or access.

HIPAA

The Health Insurance Portability and Accountability Act, a U.S. law designed to protect patient health information privacy and security.

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