Match the term with its definition
The "core" of a practice's financial records
A) accounts receivable
B) general ledger and salaries
C) patient ledger
D) payroll ledger
E) accounts payable
F) general journal
G) disbursements journal
H) chronologic journal
I) core journal
J) activities journal
K) daily journal

Question

Match the term with its definition
The "core" of a practice's financial records
A)	accounts receivable
B)	general ledger and salaries
C)	patient ledger
D)	payroll ledger
E)	accounts payable
F)	general journal
G)	disbursements journal
H)	chronologic journal
I)	core journal
J)	activities journal
K)	daily journal

Quizplus · Accepted Answer

The general ledger is considered the core of a practice's financial records because it is the central repository for all the financial transactions of the business, providing a comprehensive record of all accounts.

Match the Term with Its Definition