Question

For auditing the business transactions, __________ voucher is the document which gives proper information to the auditor of every accounting transaction.

• A. Cash
• B. Memo
• C. Receipt
• D. Journal

Answer 1

The correct option is D Journal

A journal voucher is a very helpful document in auditing as it is a voucher that consists of all the details of transactions like the date of transactions, amount, etc. A journal voucher is prepared for every transaction. They are serially numbered for convenience purpose so that journal can be prepared.