Answer:
Interest revenue = $7800*8%/360*60
Interest revenue = $104
Date Journal Entry Debit Credit
Cash $7,904
Notes Receivable $7,800
Interest Revenue $104
Answer: D
Explanation:
Behavioral economics studies the impact of cognitive, psychological, cultural, emotional and social factors on individuals economic decisions. Behavioral economics is concerned with the extent of rationality of individuals, firms and governments. The study includes how market choices are made and the components that propel public choices.
Behavioral economics is important because it gives us an idea about how the mind of humans work. The greater the supply of a particular good, the more we use the good, the less we appreciate it. There are oceans of water and we always get water easily but there are fewer diamonds embedded and hidden in rocks which are not cheap and readily available.
The difference between a hospital's established billing rate and the amount paid by a third-party payer is referred to as contractual adjustment.
Contractual Adjustment is a part of a patient's bill that a doctor or hospital must write-off because of billing agreements with the insurance company.
A write off is simply the amount that cannot be collected from patient due to several issues.
A contractual adjustment is important because it helps in preventing fraud from occurring in the total amount of the bill.
Learn more about contractual adjustment here;
brainly.com/question/28474224
#SPJ4
Answer:
shift work
Explanation:
I hope it will help u ....
Cash flow!! hope this helped :)
