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What is a will?
Voucher Journal
A record that details every financial transaction of a business, paired with the documentation that supports the transaction as a part of the accounting system.
Voucher System
A control mechanism in accounting that ensures all purchases and expenditures are properly authorized before payment is made.
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.
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