importance of vouchers at least 10 points
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Explanation:
Vouchers are necessary because they are a source document and a proof to every transaction that has taken place in the business premises. If every transaction of the business were recorded, it would mean that there is a voucher available as a proof to that transaction. When the accounts of the company are audited, these vouchers play an important role and help the external auditor in gathering audit evidence.
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Answer:
1. To Detect Errors And Frauds
2. To Know The Truth Of Account
3. To Find The Unrecorded Transactions
4. To Know That All The Transactions Are Authorized
5. To Know That Only The Business Transactions Are Recorded
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