When a payment has been made, the cash disbursements clerk will clearly mark the invoice with information pertaining to the date and the check number used to satisfy the obligation.This process is called:
A)Marking the invoice
B)Retiring the invoice
C)Cancelling the invoice
D)Destroying the invoice

Question

Quizplus · Accepted Answer

Cancelling the invoice refers to marking it to indicate that it has been paid, typically with the date and check number, to prevent duplicate payments.

When a Payment Has Been Made, the Cash Disbursements Clerk