Question

draft a specimen of credit voucher

Answer 1

here this is your answer

Answer 2

When an organisation receives funds from the following sources, a credit voucher is created.

• Customers as a percentage of revenue
• Equity capital vs. stockholders
• Sales of Fixed Assets
• Interest earned by debtors, as well as any other funds received by an organisation from a variety of sources.

There are two sorts of vouchers available. Cash Receipt Voucher and Bank Receipt Voucher are two examples.

Example 1: KSRM Ltd. sells 10,000MT of MS Rod to IHL Ltd. for $ 700. In this case, total sales are $ 70,00,000, and the entire amount is paid via A/c Payee Cheque. KSRM's current account number is 586-213, and the total sum is credited to it.