Explain voucher in accounting.
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A voucher is a document used by a company's accounts payable department to gather and file all of the supporting documents needed to approve the payment of a liability. A voucher is essentially the backup document for accounts payable.
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Answer:
A voucher is a document used by a company's accounts payable department to gather and file all of the supporting documents needed to approve the payment of a liability. A voucher is essentially the backup document for accounts payable.
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