wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

...... is the document supporting the veracity of a transaction.

A
voucher
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
RR
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Acknowledgement
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Debit/credit memo
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B voucher
Voucher is the document supporting the veracity of a transaction.
On the basis of source documents, a voucher detailing the accounts that are debited and credited is prepared.
There are two types of Accounting Vouchers
1. Cash Vouchers
2. Non-Cash Vouchers.
Therefore,
Voucher relates to
Cash receipt and payments, credit transactions

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Financial Statements of NPO
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon