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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Section
BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

In a voucher system, a payment is supported by what five documents?

To determine

Indicate the five documents that support a payment, in the voucher system.

Explanation

Voucher system: A voucher is a pre-numbered document which indicates the authorized approval of payment for a particular acquisition. A voucher system is a method or procedure designed to authorize and approve that cash disbursements are correct and proper, being backed by approved vouchers...

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