Which of the following is the controlling account in the general ledger when using a voucher system?
A) Cash
B) Accounts Payable
C) Accounts Receivable
D) Vouchers Payable
Correct Answer:
Verified
Q1: In the voucher system,the purchases journal is
Q3: Which of the following is an element
Q5: A voucher system is designed to control
Q7: In a voucher system,the cash payments journal:
A)is
Q8: On the balance sheet, the liability for
Q9: The reason for filing vouchers in an
Q10: The separation of duties among the employees
Q10: Which situation would NOT result in a
Q14: When a voucher transaction does not fit
Q17: A(n) _ is used for every cash
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