Examlex
These structures are designed so that employees do not return to their departments after completion of the project.
Vouchers Payable
A liability account in the general ledger that represents the controlling account for the sum of individual vouchers.
Voucher Register
A special journal replacing the purchases journal; it records prenumbered vouchers at the time the liabilities are incurred.
Check Register
A special journal that replaces the cash payments journal in recording payments of vouchers.
Special Journal
A specialized accounting journal designed to facilitate the recording of specific types of transactions, such as sales or purchases, for increased efficiency and accuracy.
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