Accountancy MCQs

Voucher Based approach in accounting Questions with solutions MCQs

1. Receipt Voucher is

A

Record of purchase of raw material

B

Record of purchase of stationery

C

Record of sale of Machinery

D

Record of receipt of cash and bank

Voucher Based approach in accounting Accountancy and Book Keeping
Correct Answer : D
Explanation :

A receipt voucher is a manually written receipt for services or goods sold. This is typically used in place of a printable receipt. These receipts are typical for taxicabs, construction material, equipment rentals, and labor services. Vouchers are considered an adequate record of expenses for auditing purposes.

Correct Answered :

Wrong Answered :

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