An example of vouching would be to trace from:
A) duplicate bank deposit slips to the cash receipts journal.
B) the acquisitions journal to supporting vendors' invoices.
C) receiving reports to the acquisitions journal.
D) cancelled cheques to the cash disbursement journal.

Question

Quizplus · Accepted Answer

Vouching involves verifying the authenticity of transactions recorded in the books of accounts by examining the supporting documents. Tracing from the acquisitions journal to supporting vendors' invoices is an example of vouching, as it involves checking the recorded transactions against the actual invoices to ensure the transactions are valid and accurately recorded.

An Example of Vouching Would Be to Trace From