Question

Explain in detail voucher with performa.

Answer 1

Answer:

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Explanation:

A document that serves as an evidence for a business transaction is called a Voucher. Sometimes, mistakenly seen as just a bill or receipt; it can actually have many other forms.

It is not the appearance of it that matters it just needs to act as an evidence of a transaction. When a transaction is entered, the evidence of that transaction is also confirmed. A voucher helps in recording expenses or a liability and further helps in its payment. They are also called source documents as they help in identifying the source of a transaction. A few examples of vouchers include bill receipts, cash memos, pay-in-slips, checks, an invoice, a debit or credit note.

hope it helps you