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After completing Chapter 18, you will be able to:
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18.1 Describe traditional bookkeeping systems, including single-entry and double-entry. |
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18.2 Define a pegboard system. |
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18.3 Explain the benefits of performing bookkeeping tasks on the computer. |
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18.4 List banking tasks in a medical office. |
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18.5 Describe the logistics of accepting, endorsing, and depositing checks from patients and insurance companies. |
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18.6 Reconcile the office's bank statements. |
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18.7 Give several examples of disbursements. |
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18.8 Record disbursements in a disbursement journal. |
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18.9 Set up and maintain a petty cash fund. |
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18.10 Create employee payroll information sheets. |
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18.11 Compute an employee's gross earnings, total deductions, and net earnings. |
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18.12 Prepare an employee earnings record and payroll register. |