Asked by Andrea Swanson on May 16, 2024
Verified
This system,in its most basic form,is similar to a checkbook register
A) electronic health records software
B) pegboard system
C) cash control sheet
D) trial balance
E) assets
F) single-entry bookkeeping system
G) double-entry bookkeeping system
H) fully integrated ledger system
I) garbage in,garbage out
J) cost estimate sheet
K) office policy
L) professional discount
Single-Entry Bookkeeping System
An accounting method in which each financial transaction is recorded only once in account books; similar to a checkbook register; the journal for each transaction is recorded in one column, or on a single line, to account for either a positive or negative amount to demonstrate the receipt or disbursement of cash.
Checkbook Register
A record of all deposits, withdrawals, checks, and transactions made through a checking account.
Cash Control Sheet
A financial document used to track the inflow and outflow of cash within a business to ensure accurate accounting and prevent fraud.
- Acquire knowledge of the diverse systems of accounting and bookkeeping utilized in medical settings.
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Learning Objectives
- Acquire knowledge of the diverse systems of accounting and bookkeeping utilized in medical settings.
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