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For the following medication order,indicate what component of the order is missing.Demerol 75 mg IM prn.
Adjusting Entry
An adjusting entry is a journal entry made at the end of an accounting period to record any unrecognized income or expenses for that period, ensuring the accounts comply with the accrual basis of accounting.
Direct Write-off Method
An accounting method where uncollectible debts are charged directly to expense as they are deemed to be uncollectible, not matching expenses to related revenues.
Allowance Method
An accounting technique that estimates and accounts for bad debts or credit losses in financial statements.
Uncollectible Receivables
Accounts receivable that a company does not expect to collect and writes off as a loss.
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