Business Studies, asked by samlonpansa, 12 hours ago

How will you vouch Amount paid to creditors?​

Answers

Answered by kamyavsingh
1

Answer:

The auditor should vouch the payment to creditors as follows: He should examine the accounts of creditors with the help of invoices, return notes, good inwards book etc. and ensure that the payment have been approved by a responsible person. The agreement relating to purchases and relevant minutes should be consulted.

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