Page 4 - Lesson Note - Origin of Transaction

Credit Vouchers To show Cash Receipt

To show Transactions not involving
Non Cash Voucher Transfer Voucher
cash

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.