Question

What Is Meant by a 'voucher' ? Explain Different Types of Vouchers?

Answer 1

A voucher is a document that shows the details of a transaction for any goods that have been purchased or any service that has been rendered.

It can be said to be a written document that supports the entries made in the record books that helps in verifying the accuracy of the transactions.

Different types of vouchers can be as follows:

1. Receipt voucher
2. Payment voucher
3. Journal voucher
4. Supporting voucher

Also read:

• Difference Between Source Document and Voucher

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