Using the voucher system when paying an invoice outside the discount period, assuming the gross method, the entry would be to debit Vouchers Payable, credit Sales Discounts, and credit Cash.

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Under the gross method, if an invoice is paid outside the discount period, the entry would be to debit Vouchers Payable and credit Cash. Sales Discounts would not be credited because the discount period has passed and no discount is taken.

Using the Voucher System When Paying an Invoice Outside the Discount