Examlex
____ is an option for use on prints.
Petty Cash Fund
A small amount of cash kept on hand for minor or incidental expenses.
Voucher System
A control mechanism in accounting that involves authorization and documentation before a financial transaction is made.
General Journal Entries
Basic accounting records where all day-to-day financial transactions of a business are initially recorded, before being transferred to specific accounts in the general ledger.
Purchase Discounts Lost
Purchase discounts lost refer to the additional amount paid by a buyer for failing to take advantage of the early payment discount offered by a supplier.
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