Related InterviewSolutions

• What is a Voucher? Prepare an imaginary Specimen of Voucher.
• When goods are sold on credit the seller preparesA. Cash Memo.B. Invoice.C. Accounting Voucher.D. None of these.
• Briefly explain Cash Voucher.
• Invoice is a source voucher for purchaser of goodsA. for cash purchases.B. for cash sales.C. for credit sales.D. for credit purchases.
• Invoice is a source voucher for seller of goodsA. for cash purchases.B. for credit purchases.C. for credit sales.D. for cash purchases.
• When goods are purchased against cash, the purchaser will getA. Cash Memo.B. Invoice.C. Accounting Voucher.D. None of these.
• What is a Source Document?
• Transfer vouchers are prepared to recordA. cash transactions.B. non-cash transactions.C. (a) and (b).D. None of these.
• Cash Memo isA. a source voucher.B. an accounting voucher.C. neither (a) and (b).D. both (a) and (b).
• Cash memo is prepared when goods are soldA. on credit.B. on cash.C. Both (a) and (b).D. None of these.