164.Describe a petty cash account and its purpose. 165.Describe a bank reconciliation and discuss its purpose. 166.When using a voucher system, what are the steps on the invoice...





164.Describe a petty cash account and its purpose.










165.Describe a bank reconciliation and discuss its purpose.














166.When using a voucher system, what are the steps on the invoice approval checklist that must be completed before an invoice approval is complete and a voucher prepared?














167.Describe the net method of accounting for purchases. Why might companies use the net method?














May 15, 2022
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