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Origin of Transactions Sources Documents and Preparation of Voucher — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountOrigin of Transactions Sources Documents and Preparation of Voucher4 Marks
Question
What are Accounting Vouchers?
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Answer

Voucher is a document evidencing a business transaction. It flows from the above definition that when a transaction is entered into, an evidence to that effect is also established. Such evidences are Source Documents. On the basis of Source Documents, a voucher detailing the accounts that are debited and credited is prepared.

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