A ______ is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.

Debit Note

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Credit Note

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Voucher

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Invoice

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Voucher
A voucher is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.

Suggest Corrections

Similar questions

Q. The cost of a small calculator is accounted as an expense and not shown as an asset in a financial statement of a business entity due to __________________.

Q. A business entity that produces or sells goods and services is called a/an .

Q. PRINCIPLE: Whoever makes any false document or part of a document with intent to cause damage or injury, to the public or to any person, or to support any claim or title, or to cause any person to part with property, or to enter into any express or implied contract, or with intent to commit fraud or that fraud may be committed, commits forgery.
FACTS: 'A' without 'Z's authority affixes 'Z's seal to a document purporting to be conveyance of an estate from 'Z' to 'A', with the intention of selling the estate to B and thereby obtaining from 'B' the purchase money.

Which concept is the reason behind accounting the cost of a small calculator as an expense and not as an asset in financial statements of a business entity?

Q. Marketing and selling the products and services of a business entity is a/an activity.

Join BYJU'S Learning Program

A ______ is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.

The correct option is C VoucherA voucher is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.

The correct option is C Voucher
A voucher is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider.