Concept explainers
Time Ticket:
Time ticket is a document that is used by the company is used to show the hours that a worker works during a period.
Materials Ledger Card:
Materials ledger card is a document which is prepared manually as to record the purchase and sale of all the raw materials assigned to the job.
Voucher:
Voucher is a document used to pay for something and to record discounts. It is also used as a medium of exchange of goods and services.
Factory Overhead Account:
Material Requisition:
Material requisition is a source document used to list the items such as raw materials used in production and for manufacturing purposes.
To identify: The correct description for the given terms.

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Chapter 15 Solutions
CONNECT PLUS-FINANCIAL & MANAGERIAL AC
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