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A document prepared to authorize and describe an expenditure is termed as:
Cash Memo
Voucher
Bill
Debit
A voucher is a bond of the redeemable transaction type which is worth a certain monetary value and which may be spent only for specific reasons or on specific goods. Examples include housing, travel, and food vouchers. The term voucher is also a synonym for receipt and is often used to refer to receipts used as evidence of, for example, the declaration that a service has been performed or that an expenditure has been made. Voucher is a tourist guide for using services with a guarantee of payment by the agency.
bill is an statement of money owed for products sold or for the services that are provided from the seller to the buyer.
A voucher can be described as a written instruction that is used to confirm the deal of goods and services for the specified amount of money.
By: DATTA DINKAR CHAVAN ProfileResourcesReport error
K Helena Chawang
what is the difference between a bill and voucher ??
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