Eco2a Assignment Example | Topics and Well Written Essays - 500 words

Eco2a - Assignment Example i major difference in the recording of transactions that exists between the two types of organizations in is the fact that remuneration based organizations maintain only one general ledge whereas non- make organizations maintains several ledgers depending on the number of projects universe funded (Articlesbase, n.d.). Another main difference in the recording of transactions between the two types of organizations is in delight in of recording equity. In Non-profit organizations, transactions are recorded under net assets while in the profit lie organizations, owners equity applies.With the fund management recording system characteristically apply by non-profit organizations, each donation is classified and utilized with respect to the limitations set by specific donors or group of donors. This is, however, not the case for profit oriented organizations where funds are used and classified without such(prenominal) limitations (Articlesbase, n.d.).In concl usion, the main difference in the recording of information in profit oriented and non-profit oriented organization relates to the maintenance of ledgers, recording of equity, and limitations regarding the use of funds.Articlesbase (n.d.) For-profit Vs. Non-profit The Difference in the Accounting System. Retrieved from http//www.articlesbase.com/software-articles/forprofit-vs-nonprofit-the-difference-in-the-accounting-system-1548973.htmlMedical records management is resilient for every healthcare organization. As the name suggests, the medical records department deals with the recording of endurings medical records. A patients medical record includes details of bio-data, diagnosis, medical history, treatments, examinations and tests (Beck, 1989). The department helps in the efficient running of the infirmary as well as in the proper care of patients. For example, medical coding and documentation helps bring home the bacon quality services through the sharing information of patient s records appropriately.The