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Bookkeeping Accounting Exam/23 Questions with Answers $7.49   Add to cart

Exam (elaborations)

Bookkeeping Accounting Exam/23 Questions with Answers

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  • Course
  • Bookkeeping Accounting
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  • Bookkeeping Accounting

Bookkeeping Accounting Exam/23 Questions with Answers

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  • August 14, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Bookkeeping Accounting
  • Bookkeeping Accounting
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Nursephil2023
Bookkeeping Accounting Exam/23
Questions with Answers
employee's withholding allowance certificate - -W-4

-W-2 - -summary of all wages and deductions; must be sent by Jan 31st.

-W-4 - -# of exemptions claimed for income taxes

-superbill - -encounter form common procedures and diagnosis and when to
return

-patient ledger - -lists all charges, payments and adjustments, balance
should always be up to date

-daysheet - -record of all daily transactions

-accounts receivable ratio - -formula that measures speed in which
outstanding accounts are paid

-collection ratio - -% of outstanding debt collected

-variable cost (give example) - -supplies, cost of treatment, salaries, costs
that vary month to month

-pegboard - -example of write it once program

-write-it-once program - -system consists of day sheet, ledger cards,
encounter forms and receipts (used altogether)

-accounts receivable - -monies owed TO business

-accounts payable - -monies owed BY business

-bookkeeping - -actual day to day recording part of accounting program,
writing

-accounting - -system to monitor financial status; provide info to make
financial decisions

-assets - -properties of value owned by business

-liabilities - -debts and obligations the business is responsible for

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