|
apapracticecentral.org
|
0 earned Badges No badges were found
Definitions (11)
1 |
0
0
Revenue
Money collected or that you expect to collect for providing services. Revenues can be found on your Income Statement. Total Assets
Meaning awaits approval from a moderator |
2 |
0
0
Net income
The difference between total revenue and total expenses. Net Income is the same as Net Profit and reflects your revenues adjusted for the cost of running your practice, depreciation, interest, taxes, [..]
Meaning awaits approval from a moderator |
3 |
0
0
fixed assets
Long-term assets that are not expected to be turned into cash, sold, or consumed during the coming year. Fixed Assets include buildings, land, equipment, and certain types of furniture. Fixed Assets c [..]
Meaning awaits approval from a moderator |
4 |
0
0
Equity
The amount of your practice's total assets you actually own (i.e., not financed with debt). Depending on the legal model and ownership of your practice, equity may be referred to as net assets, s [..]
Meaning awaits approval from a moderator |
5 |
0
0
accounts receivable
Money owed to you by clients or other payers for services you have performed. Accounts Receivable is a current asset that can be found on your Balance Sheet. Assets
Meaning awaits approval from a moderator |
6 |
0
0
Balance Sheet
An itemized financial statement that lists assets, liabilities, and equity. A Balance Sheet represents your practice's overall financial position at a given point in time. Current Assets
Meaning awaits approval from a moderator |
7 |
0
0
Current liabilities
Amount to be paid within one year for salaries, accounts payable, interest, and other debts. Current Liabilities can be found on your Balance Sheet. Depreciation
Meaning awaits approval from a moderator |
8 |
0
0
MARKETABLE SECURITIES
Stocks, bonds, and other investments that have enough demand to be converted to cash or sold quickly. Information about marketable securities can be found on your Balance Sheet. Net Accounts Receivabl [..]
Meaning awaits approval from a moderator |
To view all 11 definitions, please sign in.