Page 7 - Lesson Note - Origin of Transaction

(d) Amount of the transaction.

(e) Heads of account.

(f) Signature of the person who is preparing the voucher.

(g) Authorised Signatory.

h) Narrations, i.e., short description of the transaction, and

(i) Number of Supporting Voucher.

The format of a Credit Voucher is presented:

Non-Cash or Transfer Voucher:

Non-Cash or Transfer vouchers are the documentary evidence of non-

cash transactions. These vouchers are prepared to record the non-cash

transactions of the business. Examples of non-cash vouchers are:

Goods sold on Credit; Sale of Fixed Assets or Investment on Credit;

Writing-off depreciation or Bad Debts, Returns Inward, etc.

Contents of Non-Cash Vouchers:

(a) Name and Address of the parties.

(b) Date of preparing the voucher.