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Acounting

unit 3

QuestionAnswer
Debit a change to the account
Ledger Patient's permanent finacial reacod
Collections Amount of money received for services
Bookkeeping Fomula Previous balance + charges -payments - adjustments = current balance
Adjustment Correction to account that is a subtraction entry
Balance Amount of money owed on an account
Credit Payment on ledger card
Receipt Record of payment
Accounts Receivable Amount of money owed to MD for services
Accounts Payable Amount of money physician owes for supplies and equrpments.
Created by: tymikas
Popular Accounting sets

 

 



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