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enot [183]
3 years ago
7

The principal purpose of a voucher system is to provide assurance that

Business
1 answer:
ziro4ka [17]3 years ago
7 0
<span>The principle purpose of a voucher system is to provide assurance that all cash payments are approved before a check is issued. A voucher system is a way of internally controlling that helps prevent fraudulent withdrawals from a company by employees or people outside the organization. A voucher system organizes procedures to verify and approve cash disbursements, which is important because cash is vulnerable to theft. The voucher system helps guard a company's cash.</span>
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Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income
OverLord2011 [107]

To determine the tax amount you multiply the gross pay and the tax percentage. In this case, you would multiply $35,600 by .16 which equals $5,696 for the federal tax year. Remember: to convert a percentage to a decimal number, move the decimal place 2 places to the left.

6 0
3 years ago
Read 2 more answers
On September 1, 2021, Sheffield Corp. issued a note payable to National Bank in the amount of $1460000, bearing interest at 8%,
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3 years ago
What do of the terms “frequent, likely, occasional, seldom, and unlikely” describe in the risk assessment matrix?
Y_Kistochka [10]
Frequent, likely, occasional, seldom, and unlikely are the five categories of probability in the Risk Assessment Matrix which means the likeliness that an adverse or critical event will occur. The purpose of Risk Assessment Matrix is to estimate the degree of severity and probability for each hazard.



4 0
3 years ago
Who is responsible for selecting the required yearly ce topics
Vilka [71]

Based on standard practice <u>State Real Estate Commission</u> is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

Learn more about Real estate here: brainly.com/question/1534216

3 0
2 years ago
hare Issuances for Cash Chase, Inc., issued 10,000 shares of $20 par value preferred stock at $50 per share and 8,000 shares of
IRISSAK [1]

Answer:

a. Prepare the journal entries to record the share issuances.

  • Dr Cash 500,000
  •     Cr Preferred stocks 200,000
  •     Cr Additional paid in capital - preferred stocks 300,000

  • Dr Cash 160,000
  •     Cr Common stocks 160,000    

b. Prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $10 per share.

  • Dr Cash 160,000
  •     Cr Common stocks 80,000    
  •     Cr Additional paid in capital - common stocks 80,000

c. Prepare the journal entry for the issuance of the common stock assuming that it had a par value of $2 per share.

  • Dr Cash 160,000
  •     Cr Common stocks 16,000    
  •     Cr Additional paid in capital - common stocks 144,000

8 0
3 years ago
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