How many types of voucher?
Answers were Sorted based on User's Feedback
Answer / cr.ganesh
1)receipt voucher
2)payment voucher
3)contra voucher
4)purchase return voucher
5)sales return voucher
6)journal voucher
7)purchase voucher
8)sales voucher
| Is This Answer Correct ? | 239 Yes | 40 No |
Answer / ravindra mahale
there are Three type of vouchers 1)Receipts Voucher 2)
Payment Vouchers & 3)Journal/Adjustment voucher Receipt
vouchers can be of classified as Bank Receipt & Cash
receipt Also, payment vouchers can be of classified as Bank
Payment & Cash Cash payment. 3rd type journal/adjustment
voucher can also used as debit note & credit note.
| Is This Answer Correct ? | 120 Yes | 31 No |
Answer / ali hamza
There are no fixed types of vouchers in practical. It depends on Business to business and there mode of operations. Not every company has typical supply chain process which standardized the types of vouchers. But in general or in theory above answers are acceptable.
| Is This Answer Correct ? | 37 Yes | 15 No |
Answer / saqib waheed khan
Following are the types of vouchers
1 receipts vouchers
2 payment voucher
3 purchase voucher
4 purchase return voucher
5 sales voucher
6 sales return voucher
7 journal voucher
8 contra voucher
| Is This Answer Correct ? | 26 Yes | 9 No |
Answer / isha gupta
1.receipt voucher
2.payment voucher
3.purchase voucher
4.sales voucher
5.journal voucher
6.contra voucher
| Is This Answer Correct ? | 13 Yes | 4 No |
Answer / rehman ali
we have Three types of vouchers
1) Cash Vouchers.
a) Debit Voucher b) Credit Voucher
2) Purchase Vouchers.
a) Cash Purchase b) Credit Purchase
3) Sale Voucher.
a) Cash Sale b) Credit Sale
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / amjad
3types of voucher
1)Accounting voucher
2)Inventory voucher
3)Parolly voucher
| Is This Answer Correct ? | 11 Yes | 7 No |
Answer / sheikh adnan rasheed
There are no fixed types of vouchers in practical. It depends on Business to business and there mode of operations. Not every company has typical supply chain process which standardized the types of vouchers. But in general or in theory above answers are acceptable.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / karma tamang
Types of voucher in Talley as follows:
1.receipt voucher
2.payment voucher
3.purchase voucher
4.sales voucher
5.journal voucher
6.contra voucher
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / hayatullah mohmand
There are three types
1. Purchase voucher
2. Purchase Return voucher
3. A/R voucher
| Is This Answer Correct ? | 3 Yes | 4 No |
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1. During the current period, ABC Ltd sold 60,000 units of product at Rs. 30 per unit. At the beginning for the period, there were 10,000 units in inventory and ABC Ltd manufactured 50,000 units during the period. The manufacturing costs and selling and administrative expenses were as follows: Total cost Number of units Unit cost Rs. Rs. Beginning inventory: Direct materials 67,000 10,000 6.70 Direct labour 1,55,000 10,000 15.50 Variable factory overhead 18,000 10,000 1.80 Fixed factory overhead 20,000 10,000 2.00 Total 2,60,000 26.00 Current period costs: Direct materials 3,50,000 50,000 7.00 Direct labour 8,10,000 50,000 16.20 Variable factory overhead 90,000 50,000 1.80 Fixed factory overhead 1,00,000 50,000 2.00 Total 13,50,000 27.00 Selling and administrative expenses: Variable 65,000 Fixed 45,000 Total 1,10,000 Instructions: 1. Prepare an income statement based on the variable costing concept. 2. Prepare an income statement based on the absorption costing concept. 3. Give the reason for the difference in the amount of income from operations in 1 and 2.
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