A transaction with one debit and one credit is supported by which type of voucher?

Challenger App

Accounting Concepts , Principles and Accounting standards

No.1 PSC Learning App

★

★

★

★

★

1M+ Downloads

A transaction with one debit and one credit is supported by which type of voucher?

ACompound voucher

BSales voucher

CPurchase voucher

DTransaction (simple) voucher

Answer:

D. Transaction (simple) voucher

Read Explanation:

.

Read more in App

Related Questions:

---- is one of the methods of misappropriation of cash.

Signing on the backside of the instrument for negotiation is

Specific reserve is created out of

Financial Accounting primarily assists in:

For closing stock held by consignee which account must be debited