38. What is meant by a balance ledger? Illustrate a form of balance ledger.
39. For what purpose is an invoice register used? Explain the general plan of such a book.
40. Make up a manufacturing account from the data given on Page 76. Show the journal entries used in making up this account.
REVIEW QUESTIONS
ON THE SUBJECT OF
THE VOUCHER SYSTEM
1. State, in your own words, the generally accepted meaning of the term voucher, as used in business.
2. What is the nature of a journal voucher, and for what purpose is it used?
3. Prepare a form of voucher to be accompanied by a separate check.
4. Prepare a form of voucher check.