Question

voucher is prepared for
​

Answer 1

Answer:

A voucher is prepared every time the company makes a payment. Hence, vouchers are prepared for other disbursement transactions like cash purchases, payment of payroll, replenishment of petty cash and other funds, payment of debts and other obligations, and even payment of dividends.

Answer 2

Ans: voucher is a written document that provides evidence of any business transaction. It is a source document that is used as evidence for recording transactions in the primary books of business, i.e. Journal or other Subsidiary Books. Vouchers are of two types: source voucher and accounting voucher. Accounting Vouchers are further classified as cash and non-cash vouchers.