Desribe the following in accounting
Journalizing transactions
Chart of accounts, journals
Posting from journal to ledger
Preparation of preadjusted trial balance
Endofperiod adjustments
Prepaid expenses, accrued expenses
Deferred revenues, accrued revenues
Depreciation
Preparation of financial statements
Closing of books
Preparation of closing opening trial balance
Which stage do you think is the most difficult for a health care organization?
Which stage to you think is the easiest for a health care organization?
If you could make improvement within the cycle, what would it be and why would you select that? What would the anticipated outcome be