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Chpt 24
Chpt 24 - 2
Chpt 24 - 3
Chpt 24 - 4
Chpt 24 - 5
100
petty cash
What should be kept in a locked drawer and/or cash box?
100
accounting
What is the system of recording, classifying and summarizing financial transactions?
100
statement
What is a request for payment?
100
single-entry
What accounting system is very basic, inexpensive, easy to use and requires very little training?
100
petty cash
What is used to pay minor, unpredictable expenses?
200
accrual
What is the accounting method in which income is recorded when earned and expenses are recorded when incurred?
200
equities
What is the monetary value of a property or of an interest in a property in excess of claims against it?
200
trial balance
What is a method of checking the accuaracy of accounts and is done monthly?
200
pegboard system
What is the most common accounting system in a medical office?
200
liabilities
What is the term for things that are owed; debts?
300
accounts receivable
What are amounts owed to the physician?
300
daily journal
What is the chronological record of the medical practice?
300
disbursement journals
What is a summary of accounts paid out?
300
accounts payable
What are debts that have been incurred but not yet paid?
300
assets
What is liabilities + proprietorship?