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QUESTION 37 While recording a transaction for patients submitting their hospital bill payments in...

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QUESTION 37 While recording a transaction for patients submitting their hospital bill payments in the amount of $399,000.00, which of following changes would take place on the ledger? cash account would increase $399,000.00 and prepaid expenses account would decrease $399,000.00 prepaid expenses account would increase $399,000.00 prepaid expenses account would increase $399,000.00 and transfer to parent account would decrease by $399,000.00 cash account would increase $399,000.00 and accounts receivable account would decrease $399,000.00

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