Difference between revisions of "Vouchers Payable"

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Revision as of 11:35, 20 December 2018

Vouchers Payable is a liability account in the general ledger that represents the controlling account for the sum of individual vouchers.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Vouchers Payable. A liability account in the general ledger that represents the controlling account for the sum of individual vouchers.

Related concepts

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