PRC-1 · Chapter 2 · Question 38 of 100
'Oasis Furniture' uses a computerized voucher system that replaces traditional day books. Which type of voucher would the accountant prepare to record the annual depreciation charge on office equipment?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) Journal voucher
Explanation
Depreciation is a non-cash adjustment that would traditionally go in the General Journal. In a voucher-based accounting system, it is processed using a Journal Voucher.
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