An advantage of the use of the voucher system is that it?...
An advantage of the use of the voucher system is that it?
Reduces the number of cheques that will be writen during any given period
Provides a highly flexible system for handling unusual transactions
Provides a comprehensive record of business done with particular suppliers
Ensure that every expenditure is reviewed and verified before payment is made
Correct answer is D
No explanation has been provided for this answer.
When expenses are paid on behalf of the venture, the accounting entries is to debit ...
Partners' share of profit is credited to? ...
A rent ₦12,000 was paid by Taiwo to his landlord by cheque. The double entry in Taiwo's books ...
When shares are sold 'at par' it means they are issued at ...
Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be? ...