Understanding Types of Accounting Vouchers – Debit Vouchers
These vouchers prepared for recording of transactions involving cash payments only. Cash payments in business are made on following account
Purchases of Goods
Purchases of Assets
Payment to creditors
Repayment of loans
Drawings and advances etc.
A format of debit voucher is as follows
Illustration of debit voucher
On September 21, 2006 M/s Mohit Chemicals received Rs.40000 in Cash and balance amount of Rs.160000 by Banker’s Cheque from HT Chemicals Ltd., Prepare Debit Voucher.