Define and discuss the journal voucher
The source of input to the general ledger is the journal voucher. A voucher which can be used to represent summaries of similar transactions or a single unique transaction, identifies the financial amounts and affected GL accounts. Routine transactions, adjusting entries, and closing entries are all entered into the GL via journal vouchers. Because a responsible manager must approve journal vouchers, the manager offers a degree of control against unauthorized GL entries.
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Public agencies may order the imprisonment of individuals
a. True b. False
Refer to Graph 8.1. What is the seasonal index for the first Saturday in the data set?
A) 1.69 B) 1.56 C) 0.64 D) 0.58
A binding constraint means that the constraint is exactly satisfied, and its left-hand side does not equal its right-hand side
Indicate whether the statement is true or false
An employee of Nelson Manufacturing was injured by a defective machine Nelson purchased from Clark Corporation
The employee's tort action against Clark was successful. Clark, in turn, sued Nelson, alleging that Nelson failed to provide proper operating instructions to the employee. This claim (Clark vs. Nelson) is covered under Part Two of Nelson's workers compensation and employer liability policy. Such claims are called A) third-party over cases. B) absolute liability cases. C) joint-and-several liability cases. D) mass tort cases.