chapter 23
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Debts incurred and not yet paid | Accounts Payable
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| Amounts owned to the Physician | Accounts Recevable
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| A medthod of determining that the Journal and ledger arein balance | Accounts Receivable Trial Balance
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| Method of accounting in which income is recorded when earned and expences are recorded when incurred | accrual basis of accounting
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| the entire property of a person,association, corporation,or estate applicable or subject to payment of debts | assets
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| a financial statment for a specific date that shows the total assets,liablites,and capital of abisiness | balance sheet
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| the recording of business and accounting transactions | bookkeeping
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| method of accounting in whitch income is recorded when received and expences are recorded when paid | cash basis of accounting
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| A financial summary for a specific periodthat shows the begining balance on hand, the receipts and disbursements during the period,and the balance on hand at the end of thr period | cash flow statment
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| A summary of accounts paid out | disbursements Journal
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| The money value of a property or of an interest in a property in excess of claims or liens against it | Equities
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| an acounting period of 12 months | Fiscal year
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| state in which the total ending balance ofpatients ledgers equals totalof accounts receive | in balance
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| a paper decribing a purchase and the amount due | invoice
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| things that are owed; Debts | liabilities
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| an itemized list of objects in a package | packing slip
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| a fund maintained to pay small unpredictable | petty cash fund
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| A requst for payment | statment
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| a summary of all income and expenceses for a given time | statment of income and expence
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| a methed of checking the accuracy of accounts | trial balance
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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