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Bookkeeping exam/36 Questions and Answers/100% Verified $8.49   Add to cart

Exam (elaborations)

Bookkeeping exam/36 Questions and Answers/100% Verified

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  • Course
  • Bookkeeping
  • Institution
  • Bookkeeping

Bookkeeping exam/36 Questions and Answers/100% Verified

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  • August 14, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Bookkeeping
  • Bookkeeping
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Nursephil2023
Bookkeeping exam/36 Questions and
Answers/100% Verified
Superbill - -Also known as encounter form charge slip or multipurpose form
this indicates services given b the patients name address account number
insurance info and previous balance

-Patientn ledger - -Record of service that list payments and balance due

-Day sheet - -Form used with the peg board system to record patient daily
transaction

-Peg board system - -Also known as write it once program this is the most
comonly used manual accounts receivable system

-Double entry program - -A system that is based on the fact that each
transaction consists of accounts receivable and account payable aspects

-Accounts receivable - -Amount owed to a business for services rendered or
goods suplied

-Accounts payable - -Sum owed by a business for services or goods
received

-Bookkeeping - -The daily record of accounts and transactions of a business

-Accounting - -System of monitor the financial status of a facility and the
financial results of its activities which provide info for decision making

-Accounts receivable - -AR

-Accounts payable - -AP

-Received on account - -ROA

-Accounts receivable ratio - -Indicates how quickly an account is payed

-Collection ration - -Gross income divided by the amount that could have
been collected not invludinh ton disallowances

-Debit - -Used for entering charges and descriptions of services

-Ballance - -Records the difference between debit and credit and equals the
amount owed

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