A company has an agreement with its vendor not to pay the disputed items. In order to debit the liability accounts for t
Posted: Sun Jun 11, 2023 4:01 pm
A company has an agreement with its vendor not to pay the disputed items. In order to debit the liability accounts for the unpaid portion of these vouchers, the company decides to close the vouchers. Before proceeding, the company should ensure that the vouchers are______.
A. Posted
B. Not fully paid
C. Approved
D. Fully Matched E. Not selected for payments
A. Posted
B. Not fully paid
C. Approved
D. Fully Matched E. Not selected for payments