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Business Accounting FINANCIAL ACCT-CONNECT

Voucher is a supporting document for the organization which became the evidence of the transaction. There are various types of voucher which are prepared by the organization like cash voucher or credit voucher. To Match: First column with the second column. 1.- F Purchase requisition means a document which is used by the manager to inform the purchasing department to place the order. 2- C Purchase order is a document used to place the order with the seller of goods is includes the required quantity and stated price. 3.- A Invoice is a document which is prepared by the seller which includes the name, address of customer, items sold, and prices of item and terms of sales. 4- E Receiving report is the document which notifies the appropriate authority that required goods arrived at the godown. It also includes description of quantities. 5-D Invoice approval is a step which checks the necessary approval of an invoice for recording and payment. 6- B Voucher is an internal document which is used to insure that a transaction is properly authorized or not.

Voucher is a supporting document for the organization which became the evidence of the transaction. There are various types of voucher which are prepared by the organization like cash voucher or credit voucher. To Match: First column with the second column. 1.- F Purchase requisition means a document which is used by the manager to inform the purchasing department to place the order. 2- C Purchase order is a document used to place the order with the seller of goods is includes the required quantity and stated price. 3.- A Invoice is a document which is prepared by the seller which includes the name, address of customer, items sold, and prices of item and terms of sales. 4- E Receiving report is the document which notifies the appropriate authority that required goods arrived at the godown. It also includes description of quantities. 5-D Invoice approval is a step which checks the necessary approval of an invoice for recording and payment. 6- B Voucher is an internal document which is used to insure that a transaction is properly authorized or not.

Solution Summary: The author explains that voucher is a supporting document for the organization which became the evidence of the transaction.

FINANCIAL ACCT-CONNECT

FINANCIAL ACCT-CONNECT

8th Edition

ISBN: 9781266627903

Author: Wild

Publisher: INTER MCG

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Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specifi…

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FINANCIAL ACCT-CONNECT

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