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.
Which of the following items of expense involves actual cash payment? ...
Use the following information to answer the given question \(\begin{array}{c|c} & Dr & Dr &...
Use the following information to answer the given question RECEIPTS AND PAYMENTS ACCOUNT: ...
Opening stock Purchases Sales Closing Stocks ₦ 20,000 70,...
Which of the following are examples of Nominal account? ...
If a sole proprietorship is purchased for cash, then? ...
Which of the following errors affects the agreement of a Trial balance? ...
What is the subscription to be charged to income and expenditure account? ...