Question:
Which of the following is an adjustment voucher normally used for non-cash transaction ?
Which of the following is an adjustment voucher normally used for non-cash transaction ?
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Use Journal Voucher to record non-cash transactions such as adjustments, provisions, and depreciation.
Updated On: Jul 4, 2025
- Payment voucher
- Receipt voucher
- Contra voucher
- Journal voucher
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The Correct Option is D
Solution and Explanation
A journal voucher is used for recording non-cash transactions, like depreciation, accruals, or adjustments between accounts that do not involve any direct cash or bank movement. Adjustment entries that are neither payments, receipts, nor transfers fall under journal vouchers.
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