What are the three most common accounting systems found in a medical office?

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14-06-2016
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What are the three most common accounting systems found in a medical office?

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metchelle metchelle · Answer 1 · 2016-06-27T03:50:20+02:00

The three most common accounting systems found in a medical office are namely the single entry system, double entry system, and pegboard or also known as write it once. Single entry system is method relying on a one side accounting entry, Double entry system is a method where in every transaction it will involve two accounts, Pegboard is a manual bookkeeping method where in sheets are held in the pegs and the transactions for the day they recorded.

obasola1 obasola1 · Answer 2 · 2020-02-08T19:04:03+01:00

Answer:

the single entry system, double entry system, and pegboard

Explanation:

What are the three most common accounting systems found in a medical office?

The three most common accounting systems in a medical office are as follows:

the single entry system,: In accounting transactions, single entry are recorded

double entry system:: there is a double entry record . both debit and credit are recorded

3. pegboard : in accounting systems, this is a journal record pegged to a board.