Assignment: Medical Office Procedures
Study Accounting and daily bookkeeping, and answer the following questions:
• What is accounting? What are the assets?
• A system of recording, classifying, and summarizing financial transactions is called:
o Bookkeeping.
o Depreciation.
o Accruing.
o Accounting.
• The document prepared for each patient that includes the patient's name, address, home and work telephone numbers, and the name of the person responsible for payment is: a-Payee. b-Account payable. c-Balance sheet. d-Ledger card.
• What is the Pegboard Bookkeeping System, and what are the advantages to use the Pegboard System?
• What are the advantages to use the Computerized Accounting?
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.