Question

What do you mean compound vouchers?

Answer 1

Answer:

Voucher which records a transaction that entails multiple debits/credits and one credit/debit is called Compound Voucher.

Explanation:

Voucher which records a transaction that entails multiple debits/credits and one credit/debit is called Compound Voucher. It may be debit voucher or credit voucher.The design of the accounting vouchers depends upon the nature, requirement and convenience of the business.