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The Reason for Filing Vouchers in an Unpaid Voucher File

Question 60

Multiple Choice

The reason for filing vouchers in an unpaid voucher file according to due date is:


A) to allow the company to take advantage of cash discounts.
B) to track when stock dividends are due.
C) to keep accounts receivable up to date.
D) to keep the cash payments journal up to date.

Correct Answer:

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