The Document certifying the purchase or sale of goods or any monetary transactions is called voucher *
True
False
Answers
Answer:
false
Explanation:
the correct answer is accounting
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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