List of debit and credit accounts

    • [DOC File]Chapters 6, TEST 6A

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      The Accounts Receivable package automates the Fiscal functions related to the management of Accounts Receivable, and is integrated with the Integrated Billing (IB) package process of preparing patient Bills on the UB-92. The Accounts Receivable package is also integrated with the National Roll-Up database.

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    • [DOC File]ACCOUNTS

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      Debit/Credit Memos. Credit and Debit Memos can be added to the system to reflect changes in an Item or Customer Account. Debit and Credit Memos can originate from Accounts Receivables or be interfaced from the Billing Module. The Online Pending Item component is used to create a Debi/Credit Memo.

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    • Houston Community College

      NACHA requires that a transaction submitted to the Federal Reserve for processing must include something called a Standard Entry Class (SEC) Code to communicate exactly how the customer gave you authorization to debit/credit their bank account. There are only a few authorization methods allowed by NACHA, so this list of SEC Codes is very short.

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    • Debit vs Credit - What's the Difference? Example Chart | Explanation

      All transactions in the Accounts Payable module deal with a debit or credit to the General Ledger account, “Accounts Payable.” These transactions are: purchase of any item on account ( or credit), payment of the purchase, return or allowance on the purchase, and purchase discounts.

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    • [DOC File]Invoice: Invoice Pay User Guide

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      C. Debit to Equipment and a debit to Accounts Payable. D. Credit to Equipment and a credit to Accounts Payable. 39. The collection of accounts receivable is recorded by a: A. Debit to Cash and a debit to Accounts Receivable. B. Credit to Cash and a credit to Accounts Receivable. C. Debit to Cash and a credit to Accounts Receivable. D.

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    • [DOC File]NACHA's Standard Entry Class Codes

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      Assume that we have a payment demand with both new debits and credits. This time a debit of $500.00 exceeds the vendor credit amount of $200.00. The credit amount is first loaded into the payment demand, followed by the debits. The system applies the full credit to the debit, and the remaining balance of $300.00 is paid to the vendor.

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    • [DOC File]Chapter 03 The Accounting Cycle: Capturing Economic Events

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      Revenues, expenses, and drawing accounts are . permanent accounts. _____ _____ Temporary accounts accumulate information. across accounting periods. _____ _____ Closing entries are made in the journal and. posted to the ledger accounts. _____ _____ To close a revenue account with a credit. balance, debit the account for its balance and. credit ...

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    • [DOC File]COR404 Accounts Receivable - Receivable Maintenance Manual

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      1.For each item below, indicate whether a debit or a credit applies. a. Decrease in Accounts Payable. b. Decrease in Land. c. Increase in Retained Earnings. d. Increase in Unearned Revenue. e. Decrease in Interest Payable. f. Increase in Prepaid Insurance. g. Increase in Wages Expense. h. Decrease in Art Supplies. i. Increase in Advertising ...

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