Examlex
Which of the following solvents is not protic?
Voucher Register
A record or log of vouchers that have been prepared, detailing the authorization of transactions and payments.
Liability
An obligation of the company arising from past transactions or events, the settlement of which may result in the transfer of assets, provision of services, or other yielding of economic benefits in the future.
Accounts Payable
Liabilities representing amounts the company owes to suppliers or creditors for goods and services received but not yet paid for.
Vouchers
Documents representing an internal intent to make a payment to an external party, often used in accounts payable processes.
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