Accounting standards

General Accounting Principles

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Debit voucher is for

Cash Receipts

Cash Payments

Non cash transactions

None of the above

Explanation:

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

By: NIHARIKA WALIA

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