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    College Accounting Study Set 2
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    Exam 23: The Voucher System
  5. Question
    Under a Voucher System, Every Liability Is Recorded at the Time
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Under a Voucher System, Every Liability Is Recorded at the Time

Question 85

Question 85

Multiple Choice

Under a voucher system, every liability is recorded at the time:


A) of requisition of goods.
B) of receipt of goods.
C) of payment.
D) the liability is incurred.

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