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Thus, accounting Vouchers are of two types:

(a) Cash Voucher and

(b) Non-Cash Voucher or Transfer Voucher.

(a) Cash Voucher:

Cash vouchers are the documentary evidence of both cash receipts and cash

payments. Again, Cash Vouchers are of two following types, (i) Debit Voucher,

and (ii) Credit Voucher.

(i) Debit Voucher:

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.

Contents of Debit Vouchers:

ADVERTISEMENTS:

The following information are normally available from a debit voucher:

(a) Names and Addresses of the Parties;

(b) Date of preparing the voucher;