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Accounting and Banking

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show amount of money the practice owes to outside vendors, rent or mortgage, supplies, salaries, and so forth  
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show amount of money owed to the practice for pt services performed  
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show comparison of the amount of money charged to a practice and the amount collected by the practice  
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assets   show
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show statement of financial condition that contains itemized assets, liabilities, and owner's equity  
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show comparison of outstanding debt amount and amount collected  
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show process of tracking monetary expenditures and income for outside entities, such as federal government  
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show expenses that do not depend on the number of patients being seen in a practice  
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show report of itemized monthly expenses and profits  
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liability   show
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show process of tracking monetary expenditures and income for a practice's managers or physician owners  
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owner's equity   show
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variable costs   show
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show financial and managerial  
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Created by: rewebb
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