Transfer from main cash to petty cash you require to pass ________ A. Voucher B. Payment C. Contra D. Receipt

April 15, 2024 by rawan239

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The correct answer is: A. Voucher

A voucher is a document that authorizes a payment or transfer of funds. It is typically used in accounting to track the movement of money. A voucher will typically include the following information:

• The name of the person or organization to whom the payment is being made
• The amount of the payment
• The reason for the payment
• The date of the payment
• The signature of the person authorizing the payment

When transferring money from main cash to petty cash, a voucher is required to document the transaction. The voucher will typically include the following information:

• The amount of money being transferred
• The reason for the transfer
• The date of the transfer
• The signature of the person authorizing the transfer

The other options are incorrect because:

• A payment is the act of transferring money from one person or organization to another.
• A contra is an account that is used to offset the balance of another account.
• A receipt is a document that acknowledges the receipt of money or goods.