The flashcards below were created by user
jmejamison
on FreezingBlue Flashcards.
Record of patient transactions showing an amount due.
Accounts receivable (AR)
Report that shows how long a debt has gone unpaid?
Aging report
Anything of value owned by a business that can be used to acquire other items?
Asset
Report on the financial condition of a business on a certain date?
Balance sheet
Type of endorsement in which only a signature is listed on the back of the check?
Blank endorsement
Legislation requiring a disclosure statement that informs a patient of a procedure's total cost, including finance charges; required when the patient will make more than four payments.
Federal Truth in Lending Act
Listing of a physician's charges for services?
Fee schedule
Reports that indicate the financial condition of a business?
Financial statements
Total amount of money earned before deductions are taken?
Gross wages
Report showing the results of income and expenses over time?
Income statement
Amount owed; a debt?
Liability
Total amount of money paid for work, minus deductions?
Net pay
Representing liability; accounts payable are money and funds owed to someone else (ie vendor)?
Payable
Person receiving payment of a debt?
Payee
Person paying the debt?
Payer
Recording system using a pegboard designed to increase the efficiency of recording daily transactions; called also one- write system?
Pegboard system
Using a written future date on a check?
Postdated
Type of endorsement in which the payee indicates a sole purpose for funds?
Restrictive endorsement
Document indicating the activity in an account?
Statement
Encounter form?
Superbill
Tool used to analyze the effect of a transaction on an account?
T-account
Financial activity of a business?
Transaction
System that provides insurance to the employer for a worker injured on the job?