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  • 1 answers

Yogita Ingle 4 years ago

A cash voucher is prepared for cash purchases or sales. It serves as the source document to record entries in the cash book.

  • 0 answers
2.9
  • 1 answers

Saloni ? 4 years ago

??❓❓
  • 1 answers

Yogita Ingle 4 years ago

Basis of Difference

Source Documents

Vouchers

Meaning

It refers to the documents in writing, containing the details of events or transactions.

When source document is considered as evidence of an event or transaction, then it is called voucher.

 

Purpose

It is used for preparing accounting vouchers.

It is used for analysing the transactions.

Recording

It acts as a basis for preparing accounting voucher that helps in recording.

It acts as a basis for recording transactions.

Preparation

It is prepared at the time when an event or a transaction occurs.

It can be prepared either when an event or a transaction occurs, or later on.

Legality/Validity

It can be used as evidence in the court of law.

It can be used for assessing the authentication of transactions.

Prepared By

It is prepared by the persons who are directly involved in the transactions, or who are authorised to prepare or approve these documents.

It is prepared by the authorised persons or by the accountants.

Examples

Cash memo, invoice, and pay-in-slip, etc.

Cash memo, invoice, pay-in-slip (if used as evidence), debit note, credit note, cash vouchers, transfer vouchers, etc.

  • 1 answers

Sahil Singh 4 years, 1 month ago

Purchase A/c. Dr 28000 To cash A/c 28000
  • 1 answers

Yogita Ingle 4 years, 1 month ago

Any two of these : Potential investors, creditors, lenders, employee unions, customers, government etc.

  • 5 answers

Sakshi Jagtap 4 years, 1 month ago

kar liya google se copy sahil g, dicto same definition

Sahil Singh 4 years, 1 month ago

Aap k bass Ki baat nhi ha dear....

Sahil Singh 4 years, 1 month ago

real account is a general ledger account that does not close at the end of the accounting year.....

Sakshi Jagtap 4 years, 1 month ago

insta or fb or in studies?

Sakshi Jagtap 4 years, 1 month ago

real account in what u need 2 know?
  • 2 answers

Yogita Ingle 4 years, 1 month ago

Closing stock is not considered while preparing the trial balance.
because it is assumed that closing stock is already included in purchases and opening stock.

Sahil Singh 4 years, 1 month ago

Pta nhi?
  • 3 answers

Sahil Singh 4 years, 1 month ago

Perfect yrr

Sahil Singh 4 years, 1 month ago

How are you

Sahil Singh 4 years, 1 month ago

Hey...
  • 4 answers

Prachi Manral 4 years, 1 month ago

3.Money Measurement concept : According to this principle, only those transactions they that are measured in terms of money or can be expressed in terms of money are recorded in the books of accounts of enterprise.

Prachi Manral 4 years, 1 month ago

1.Accural concept : accrual concept applies equally to revenue and expenses. As per this assumption,all revenue and cost are recognised when they are earned or incurred. 2.Business entity concept: According to this principle, business is treated as an entity which is separated and distinct from its owner.

Saloni ? 4 years, 1 month ago

??..

Sahil Singh 4 years, 1 month ago

Ye accountancy k 1 ch m ha Phadlo......
  • 4 answers

Manisha Dhibar 4 years, 1 month ago

Yes,hi

Abhinav Sharma 4 years, 1 month ago

Yesss

Sheetal Cutie?? 4 years, 1 month ago

Hi

Sahil Singh 4 years, 1 month ago

Hey
  • 3 answers

Yogita Ingle 4 years, 1 month ago

  • A debit is an accounting entry that either increases an asset or expense account. Or decreases a liability or equity account. It is positioned on the left in an accounting entry.
  • A credit is an accounting entry that increases either a liability or equity account. Or decreases an asset or expense account. It is positioned on the right in an accounting entry.

Sahil Singh 4 years, 1 month ago

??

Nancy Dewangan 4 years, 1 month ago

Credit is the right side of an account. Debit is the left side of an account

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