Interested to Buy Any Domain ? << Click Here >> for more details...
what is meant by vouching?
- 7 Answers
- 16640 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / deepak
Checking of Accounting record with the documentery evidence.
| Is This Answer Correct ? | 38 Yes | 4 No |
Answer / s.koteeswaran
vouching is specifically check the correctness of the head
of account, correctness of the receipts or payments for its
value, date, signature of receipients/genunity of the
recept etc.
| Is This Answer Correct ? | 16 Yes | 1 No |
Answer / neeta
means dcumentary evidence of the transaction made.
| Is This Answer Correct ? | 21 Yes | 8 No |
Answer / praveen rao
Vouching is menat by that it is all about checking the
documents with respective date quantity of purchase seal
and signature of concern person etc.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / sudharson
vouching is an act of examining the voucher is called
vouching.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / jyoti
Day by Day all transactions record in the voucher.recording
in the vouching
| Is This Answer Correct ? | 9 Yes | 17 No |
How soon can you make yourself available for employment with us
What is the difference between amalgamation, absorption, liquidation ? Why realisation account is being prepared ?
State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100
1.How do you effectively solve Accounts problems 2. What was the most demanding / stressful situation that you have handled in your current capacity (Accountant):
Expand---------ESRD
what are the cost audit and management audit?
if there is PPF (SAVINGS ) GIVEN IN THE TRIAL BALANCE UNDER THE HEADING CAPITAL THEN WHERE WILL ITS EFFECT BE ??
what is mat calculation ?
whether in the case of BIFR scheme the non payment of dividend FOR MORE than 7 years shall go in the Dividend Equalisation fund/ Investors Protection fund
What are documents need to vouch while doing sales vauching?
WHAT IS IFRS? IS there any corelation between AS 30 and IFRS?
Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for 4 years and made intial paymenent as Rs.25000 &the monthly leasing amount Rs.59806.00,pls let me know the double entries for this finacial year (with figers)
Audit 
