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What is the pegboard bookkeeping system

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Reference no: EM133084522

Study Accounting and daily bookkeeping, and answer the following questions:

1. What is accounting ? What are the assets ?

2. A system of recording, classifying, and summarizing financial transactions is called: a-Bookkeeping. b-Depreciation. c-Accruing. d-Accounting.

3. The document prepared for each patient that includes the patient's name, address, home and work telephone numbers, and the name of the person responsible for payment is: a-Payee. b-Account payable. c-Balance sheet. d-Ledger card.

4. What is the Pegboard Bookkeeping System, and what are the advantages to use the Pegboard System?

5. What are the advantages to use the Computerized Accounting?

Reference no: EM133084522

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