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AES Bookkeeping questions well answered graded A+ $9.99   Add to cart

Exam (elaborations)

AES Bookkeeping questions well answered graded A+

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  • Course
  • Bookkeeping
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  • Bookkeeping

AES Bookkeeping questions well answered graded A+

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  • August 13, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Bookkeeping
  • Bookkeeping
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BravelRadon
AES Bookkeeping

When should day sheets be updated? - correct answer ✔✔As each transaction takes place



Which manual bookkeeping system has a built-in way to check for errors? - correct answer ✔✔Double-
entry system



In which of the following ledgers must an outstanding patient balance be recorded? - correct answer
✔✔Both the patient ledger and the accounts receivable ledger



When stamped on a check, what does NSF stand for? - correct answer ✔✔Non-sufficient funds



Which of the following best describes an accounts payable ledger? - correct answer ✔✔A book of all
office debts that have not been paid



Which of these is the most appropriate way to make corrections in a manual bookkeeping system? -
correct answer ✔✔Draw one line through the mistake and enter the correction above.



Which of the following best describes the term "professional courtesy"? - correct answer ✔✔A fee
discount for health care workers



Who decides when and to whom professional courtesy is extended? - correct answer ✔✔The physician



If a physician treats a fellow health care worker and does not collect the remaining fee after that
worker's insurance contribution is received, this is what kind of adjustment? - correct answer
✔✔Professional courtesy



In which of the following ledgers would an assistant look to find the most current bank balance? - correct
answer ✔✔Check ledger

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