Create an account
An ____ is when money is prepared and sent to a financial institution to be placed in and account.
C - Endorsement
____ are sometimes given to other health care professionals and their families.
B - Professional Discounts
Checks marked paid in full should not be accepted unless the amount covers the entire current balance.
An equation that expresses the relationship among assets, liabilities, and owner's equity.
____ is(are) part of the accounting equation
D - All of the above
When a patient does not have enough money in his/her bank account, it will be returned for ____.
An ____ is an amount that is added or subtracted from the physician's fee, changing the patient's account balance.
The amount remaining after the liabilites are subtracted from the assets is called...
4 types of endorcements
1 - Restrictive (for deposit only - limits what can be done w/ the check)
2 - Blank (payee signs only his/her name on the back of the check)
3 - Special (includes words that specify to whom the endorser makes the check payable to)
4 - Qualified (prevents future liability of the endorser)
Please allow access to your computer’s microphone to use Voice Recording.
Having trouble? Click here for help.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!Reload
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Please upgrade Flash or install Chrome
to use Voice Recording.
For more help, see our troubleshooting page.
Your microphone is muted
For help fixing this issue, see this FAQ.
Star this term
You can study starred terms together