Results for "accounts-receivable"

Chapter 16: Working capital management – accounts receivable and payable

Revenue Cycle and Accounts Receivable Assertions

Accounts Receivables and Inventory Management

CCOUNTING FOR REVENUE RECOGNITION & ACCOUNTS RECEIVABLES

Chapter 8 Accounts receivable

Accounts Receivable

Accounts Receivable

Introduction to Accounts Receivable in Accounting

Key Concepts of Accounts Receivable and Invoicing

Here’s a concise **reviewer** based on the exact words from the slides: --- ### **Accounting Equation** - **Assets = Liabilities + Equity** - **Equity Components:** - Capital (original investment, additional investment) - Drawing - Income (+) - Expenses (-) --- ### **Income and Expenses** - **Income:** - Service Income - Sales - **Expenses:** - Salary Expense - Utility Expenses (water, electricity, internet) - Advertising Expense - Office Supplies Expense --- ### **Liabilities** - Accounts Payable (verbal) - Notes Payable (promissory note) - Unearned Income --- ### **Assets** - Delivery Truck - Furniture and Fixture - Land - Building - Cash - Accounts Receivable (verbal) - Notes Receivable (promissory note) - Office Supplies - Prepaid Expenses - Inventory - Office Equipment / Computer Equipment --- ### **Accounting Elements** 1. Assets 2. Liabilities 3. Equity 4. Income 5. Expenses --- ### **Accounting Information Systems (AIS)** - Refers to the *computer-based method* used by companies to *collect, store, and process accounting and financial data*. - Internal users use AIS to report information to stakeholders (creditors, investors, tax authorities, etc.). --- ### **Characteristics of Accounting Information** 1. **Completeness** – No essential information should be missing. 2. **Summarization** – Information should be aggregated based on user needs. - Low-level management >> highly detailed information. - Higher-level management >> less detailed or highly summarized. 3. **Relevance** – The *contents of a report* must serve a purpose. 4. **Timeliness** – The *age of information* is critical; it must be no older than the time of the action it supports. 5. **Accuracy** – Information must be *free from material errors*. --- ### **Accounting Information** 1. **Financial Position** (Balance Sheet) 2. **Results of Operations** (Income Statement) 3. **Cash Flows** --- ### **Users of Financial Statements** 1. **Internal Users:** - Management - Employees 2. **External Users:** - Investors - Creditors - Suppliers - Government --- ### **What is Accounting?** - Accounting is a service activity. Its function is to provide **quantitative information**, primarily financial in nature, about economic entitis. This information is intended to be useful in making economic decisions and reasoned choices among alternative courses of action. --- This reviewer is structured for quick reference and easy memorization, using the exact words from the slides

what 4 skills must vet assistants excel at? restraint, lab skills, patient care, client relations what are responsibilities of vet techs ? administering/dispensing, emergency/first aid, breeding/neonatal, obtaining/processing radiographs/ultrasound, disease prevention, behaviour, surgical prep requirements of veterinarian ? Several years of professional school, possesses license, continuing ed, diagnoses&prescribes&performs surgery who may detect lumps, lesions, or parasites of which the owner was unaware ? groomer who diagnoses, prescribes, and performs surgery ? vets who greets and welcomes clients ? receptionist who answers phone from several lines ? receptionist who accepts payments ? receptionist who oversees receptionist team & accounts receivable ? office manager who trains front office team members to deal with difficult clients ? office manager who develops training procedures ? practice manager who manages client and personnel relations ? practice manager who reviews medical records ? practice manager who runs the marketing ? practice manager who develops budgets ? hospital admin who maintains accounts payable ? hospital admin who engages in event planning ? hospital admin who must allow open- door communication ? hospital admin who maintains a clean & healthy environment for patients ? kennel assistant who is familiar with cleaning procedures & protocols ? kennel assistant who feeds/ walks patients or boarders ? kennel assistant who can identify emergency situations with patients ? kennel assistant

Module 9: Accounts Receivable

Lesson 22: Substantive Testing of Accounts Receivable and Revenue

Revenue categories transactions and accounts receivable

Accounts Receivable

Audit Chapter 11 Accounts Receivable

T4A - ACCOUNTS RECEIVABLES MANAGEMENT

IA 1 ( Ch 4 - Accounts Receivable )

Intermediate Accounting 1 - RECEIVABLES (ACCOUNTS RECEIVABLES, NOTE RECEIVABLES, LOAN RECEIVABLES AND RECEIVABLE FINANCING)

Chapter 4 - Accounts Receivable