Asked by Silvia Montañes Sintes on May 14, 2024
Verified
The voucher register in a voucher system is known as the:
A) book of final entry.
B) book of original entry.
C) book of vouchers.
D) dividend journal.
Voucher Register
A record of vouchers, which are documents evidencing expenditure or the transfer of funds.
Book Of Vouchers
A ledger or book that contains vouchers, which are documents or files acting as evidence for transactions.
- Identify the objectives and elements of a voucher system within accounting procedures.
Verified Answer
RL
Rhonda LittlesMay 16, 2024
Final Answer :
B
Explanation :
The voucher register in a voucher system is known as the book of original entry because it is the first place where voucher transactions are recorded.
Learning Objectives
- Identify the objectives and elements of a voucher system within accounting procedures.