Asked by Jessica Tufts on Jul 19, 2024
Verified
In the voucher register, "miscellaneous accounts" are classified as ________ accounts.
Miscellaneous Accounts
Miscellaneous Accounts are ledger accounts that capture financial transactions not classified under specific account headings, often used for incidental or occasional transactions.
Voucher Register
A record containing details about payment vouchers, including the payee, amount, date, and purpose of each payment.
- Gain insights into the arrangement and intents of the voucher system.
Verified Answer
BV
Learning Objectives
- Gain insights into the arrangement and intents of the voucher system.
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