what is format or content of credit voucher???
Answers
Answer:
The format of a Credit Voucher is presented: 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.
ANSWER✓
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.
Contents of Credit Voucher:
The following information are usually available from a credit voucher:
(a) Names and address of the parties;
(b) Date of preparing the voucher;
(c) Voucher Number;
(d) Amount of the transaction;
(e) Heads of account;
(f) Signature of the person who is preparing the voucher;
(g) Authorised Signatory;
(h) Narrations, i.e., short description of the transaction
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