Question

what are vouchers? And how many types of vouchers?​

Answer 1

Answer:A small printed piece of paper that entitles the holder to a discount, or that may be exchanged for goods or services is called voucher.

Vouchers are of two following types, (i) Debit Voucher, and (ii) Credit Voucher. (i) Debit Voucher

Explanation:

Answer 2

A voucher is an accounting document representing an internal intent to make a payment to an external entity, such as a vendor or service provider. A voucher is produced usually after receiving a vendor invoice, after the invoice is successfully matched to a purchase order.

accounting Vouchers are of two types:

accounting Vouchers are of two types:(a) Cash Voucher and

accounting Vouchers are of two types:(a) Cash Voucher and(b) Non-Cash Voucher or Transfer Voucher.

a) Cash Voucher:

Cash vouchers are the documentary evidence of both cash receipts and cash payments. Again, Cash Vouchers are of two following types, (i) Debit Voucher, and (ii) Credit Voucher.

Cash vouchers are the documentary evidence of both cash receipts and cash payments. Again, Cash Vouchers are of two following types, (i) Debit Voucher, and (ii) Credit Voucher.(i) Debit Voucher:

Cash vouchers are the documentary evidence of both cash receipts and cash payments. Again, Cash Vouchers are of two following types, (i) Debit Voucher, and (ii) Credit Voucher.(i) Debit Voucher:Debit vouchers are the documentary evidence of cash payments. These vouchers are prepared to keep records of various cash payments relating to the business including capital and revenue payments. For example, payment of Wages and Salaries, purchase of Plant by cash; Purchase of goods for cash, etc.

(ii) Credit Voucher:

(ii) Credit Voucher:Credit vouchers are the documentary evidence of Cash receipts. These vouchers are prepared to record various cash receipts relating to the business. Examples of credit vouchers: Sale of Goods for cash; Sale of fixed assets or investment for cash; Cash received from Debtors, etc.

Non-Cash or Transfer Voucher:

Non-Cash or Transfer Voucher:Non-Cash or Transfer vouchers are the documentary evidence of non-cash transactions. These vouchers are prepared to record the non-cash transactions of the business. Examples of non-cash vouchers are: Goods sold on Credit; Sale of Fixed Assets or Investment on Credit; Writing-off depreciation or Bad Debts, Returns Inward, etc.