Question

Answer in One Sentences.

Explain the various type of voucher?

Answer 1

Following are the various voucher types:

1. F4 Contra voucher – For cash deposited in the bank and cash withdrawn from bank, Transfer from one cash A/c to other Cash A/c and Bank to Bank transfer
2. F5 Payment voucher – For all types of payments are recorded through this voucher type (Cash and Bank) Cash or Bank
3. F6 Receipt voucher – For Cash and Bank receipts.
4. F7 Journal voucher – For non-cash transactions
5. F8 Sales voucher – For cash as well as credit sales
6. F9 Purchase voucher – For cash as well as credit purchase.