Question

Investment should be vouched with the help of_____

1. Commission Book
2. Brokers book
3. Sales Deed
4. Minute book​

Answer 1

Vouching of sale of investment should be done with the broker's advice and comparison with the stock market quotations in the fin racial journal. It should also be checked with related to investments accounts. The securities on hand and the payments received thereon from time-to-tithe should be checked.

Answer 2

It should be vouched with the help of Brokers Book.

• The broker's advice and comparison with stock market quotes in the financial journal should be always used.
• It must also be diligently used when certifying the sale of an investment.
• It should in addition be reviewed with accounts linked to investments or any other vouches.
• It is essential to check the securities on hand and the payments received on them from time to time.
• #SPJ3