Accountancy, asked by christnac142, 1 month ago

The Document certifying the purchase or sale of goods or any monetary transactions is called voucher *

True
False

Answers

Answered by fatimayasmeen24
0

Answer:

false

Explanation:

the correct answer is accounting

Answered by Banjeet1141
0

Answer:

Yes it is true the Document certifying the purchase or sale of goods or any monetary transactions is called voucher.

Explanation:

A voucher is a document used by a company's accounts payable department to collect and submit all supporting documents required to authorize payment of a debt. Governments can also issue vouchers redeemable for various programs such as school choice, housing search and social welfare initiatives.

  • A voucher can also refer to a document.
  • Vouchers or tickets redeemable for goods or services.
  • This is prominent in the hospitality industry.
  • For example, airlines, hotels, and restaurants may issue vouchers that can be redeemed for rooms, flights, or fares.

Supporting documents for vouchers may include:-

  • Invoice from supplier
  • Name of vendor or supplier receiving payment
  • Payment terms, such as amount owed, due date, and discounts offered by suppliers for early payment of invoices company order.
  • A receipt showing that the company has received the goods from the supplier
  • A general ledger account used for accounting purposes
  • Authorized Company Representative Signature for Purchases and Payments
  • Proof of payment and date when the invoice was paid to the supplier.

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