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Fast2F Fast2F
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Posts: 1470
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6 years ago
Bill returned all of the $5,700 purchase of equipment to Sue. The company uses the voucher system. The entry to record this is:
A) Equipment   5,700
Accounts Payable   5,700

B) Equipment   5,700
Vouchers Payable   5,700

C) Vouchers Payable   5,700
Equipment   5,700

D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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6 years ago
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Fast2F Author
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6 years ago
I wish I would have known about this service with my other classes.
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