Page 6 - Lesson Note - Origin of Transaction
P. 6
Note:
1. If the amount of transaction exceeds Rs. 500 a revenue stamp
valued Re 1. should be affixed.
2. As the supporting voucher (i.e., Cash Memo No 90) is available,
hence, the receipt portion of the debit voucher is not required.
(ii) Credit Voucher:
Credit vouchers are the documentary evidence of Cash receipts. These
vouchers are prepared to record various cash receipts relating to the
business. Examples of credit vouchers: Sale of Goods for cash; Sale of
fixed assets or investment for cash; Cash received from Debtors, etc.
Contents of Credit Voucher:
The following information are usually available from a
credit voucher:
(a) Names and address of the parties.
(b) Date of preparing the voucher.
(c) Voucher Number.
