Question

Write the most appropriate word or phrase which can substitute each of the following:
Voucher prepared for small amount of payment.

Answer 1

Voucher prepared for small amount of payment is known as petty cash voucher. A source document on the basis of which the payment side of the petty cash book is written up is known as a petty cash voucher. Voucher often implies the nature and mount of business transactions. Vouchers are often referred as source documents upon which the financial transactions are recorded in the books of accounting.