Exam (elaborations)
Bookkeeping Exam/18 Answered Question A+ Scores
- Course
- Institution
Bookkeeping Exam/18 Answered Question A+ Scores
[Show more]
Content preview
Bookkeeping Exam/18 AnsweredQuestion A+ Scores
Balance - -Make sure the balance is akeays kept current on the patient
ledger
-Accounts Receivable Ratio - -Formula measures the speed in which
outstanding accounts are payed
-Bookkeeping - -Actual daily recording of the accounts and transactions of
the business
-Accounts receivable - -Money the clinic has to collect
-Petty cash - -Money kept in office for unexpected expenses
-W-4 - -Employees withholding allowance certificate
-Collection ratio - -shows percentage of outstanding debt collected
-Variable cost - -Examples include: Cost of supplies, salaries, and over all
treating of patients
-Purchase Order - -Should be compared with bill for supplies
-Net salary - -Amount of a psyched after all deductions have been made
-Pegboard/write it once program - -Type of ledger
-Superbill/patient ledger/day sheet - -A form in which we post charges from
a patients office visit a record of all financial transactions and services for
the day
-What do you want to look for when receiving a patient check? - -1) check
ID
2) check that the number written matches the word written
3) check the signature
4) write the patients account number on the front
-Third party check - -Avoiding receiving these types of checks
-Certified check - -Checks willing to receive 1
-Voucher check - -Checks willing to receive 2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Nursephil2023. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
