Question

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

Answer 1

the single entry system, double entry system, and pegboard

Step-by-step 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.

Answer 2

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.