What is a voucher?
A)It is an internal document used to record a purchase on account and has information about the vendor, amount due, payment date, and due date.
B)It is an electronic file that accumulates data on purchases, accounts payable, and cash disbursements.
C)The journal of original entry where each purchase is recorded.
D)It is the bill from the vendor stating the number of items shipped or services rendered, the amount due, the payment terms, and the date billed.

Question

Quizplus · Accepted Answer

A voucher is an internal document used in a company's accounts payable process, designed to collect and document the necessary information for a purchase on account, including details about the vendor, the amount due, and the payment terms.

What Is a Voucher