Match the Term with Its Definition

question 46

Multiple Choice

Match the term with its definition.
A chronologic accounting of a particular patient's (or family's) activities,including all charges and payments.

• A) accounts receivable
• B) general ledger and salaries
• C) patient ledger
• D) payroll ledger
• E) accounts payable
• F) general journal
• G) disbursements journal
• H) chronologic journal
• I) core journal
• J) activities journal
• K) daily journal

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Definitions:

Adjusting Entry

An accounting record made to adjust income or expenditure in accounts to reflect the accrual basis of accounting properly.

Stockholders' Equity

The ownership claim on a corporation's assets that remains after all liabilities are accounted for, denoting shareholder interest.

Current Assets

Short-term assets that are expected to be converted into cash within one year or within the operating cycle of a business.