The hospital that you work for needs to build a new wing in…

The hospital that you work for needs to build a new wing in order to increase their ability to take on patients through broadening the scope of the hospital’s specialized offerings. In order to facilitate the transaction, the hospital must take out a $40,000,000 loan that they have 10 years to pay off. When the loan is initiated and funds are transferred, which accounting entry will take place?

Choose one of the following questions to answer. Be sure to…

Choose one of the following questions to answer. Be sure to identify which question you are answering. For example is you choose #1,label it #1.  Also, be sure to fully answer the question in complete sentences and use correct grammar. Your answer will be graded based on the rubric provided when you started the exam. #1) Describe the main benefits of a complete Practice Management System for a healthcare provider. OR #2) Describe some of the challenges faced by a healthcare practice that installs a new computerized accounting system.