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Bookkeeping exam/36 Questions and Answers/100% Verified
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Bookkeeping exam/36 Questions and Answers/100% Verified
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Bookkeeping exam/36 Questions andAnswers/100% Verified
Superbill - -Also known as encounter form charge slip or multipurpose form
this indicates services given b the patients name address account number
insurance info and previous balance
-Patientn ledger - -Record of service that list payments and balance due
-Day sheet - -Form used with the peg board system to record patient daily
transaction
-Peg board system - -Also known as write it once program this is the most
comonly used manual accounts receivable system
-Double entry program - -A system that is based on the fact that each
transaction consists of accounts receivable and account payable aspects
-Accounts receivable - -Amount owed to a business for services rendered or
goods suplied
-Accounts payable - -Sum owed by a business for services or goods
received
-Bookkeeping - -The daily record of accounts and transactions of a business
-Accounting - -System of monitor the financial status of a facility and the
financial results of its activities which provide info for decision making
-Accounts receivable - -AR
-Accounts payable - -AP
-Received on account - -ROA
-Accounts receivable ratio - -Indicates how quickly an account is payed
-Collection ration - -Gross income divided by the amount that could have
been collected not invludinh ton disallowances
-Debit - -Used for entering charges and descriptions of services
-Ballance - -Records the difference between debit and credit and equals the
amount owed
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