Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
16 Cards in this Set
- Front
- Back
|
Systematic recording of the transactions of a business |
Record keeping/bookkeeping |
|
|
Reporting the financial results of a business |
Accounting |
|
|
Called the write it once system because the same data is entered on all the forms at one time |
Peg board |
|
|
Used to take care of minor expenditures |
Petty cash fund |
|
|
Called a check registered, whatever is spent in the health care facility is recorded |
Disbursement journal |
|
|
Form used to control Petty cash expenditures |
Petty cash voucher |
|
|
When establishing Petty cash fund, the check is written to cash/Petty cash and entered in the disbursement journal under |
Miscellaneous |
|
|
What a business is worth |
Owners equity |
|
|
Amounts owed to creditors for equipment &services not yet paid |
Accounts payable |
|
|
Amounts owed by the doctor patients |
Accounts receivable |
|
|
Debts of a business |
Liability |
|
|
Shows the current financial condition of the physician practice |
Balance sheet |
|
|
When payment is received on a account |
Credit |
|
|
Difference between the debit and the credit |
Balance |
|
|
When a charge been entered into an account |
Debit |
|
|
All patient charges and any receipts are recorded here each day |
Day sheet/daily log |
