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What are Adjusting Entries and why do they have to be completed each month? https://www.youtube.com/watch?time_continue=5&v=ENjPBkntfcU&feature=emb_titleWatch the video: How does this type of behavior impact healthcare costs and WC benefits for all of us?Name the stages of sleep (page 136). Then, choose one sleep disorder and discuss/ define it naming its symptoms and effects. Respond to at least two of your peers.
Answer
PsychologyAdjusting journal entries are referred to as entries in a company general ledger that happens towards the end of an accounting session. Hence, making it easy to keep the records of unrecognized incomes or expenses for the duration in which they have occurred. They are always prepared before giving out financial statements to the company. It is necessary to complete the entries monthly to update the accounts and conform the actual concept of expenses and income. Also, to convert the transactions cash into accrual concept of accounting.According to the video, this type of behavior is referred to as health care fraud. Insurance fraud is the act of misrepresenting facts about one's heath deliberately to receive more than the normal. It has negatively influenced the health sector as m...
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