Support following points regarding Vouching of Cash Receipt Transactions with suitable business example 1-Cash Receipt should be
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Question:
Support following points regarding “Vouching of Cash Receipt” Transactions” with suitable business example
1-Cash Receipt should be received for the business. Example
2-Cash should be receiving by authorized person. Example
3-Documentary Evidence of cash receipt transaction should be maintained Example
4-Cash Receipt transaction should be of relevant financial year. Example
5-Record of cash receipt transaction should be maintained properly. Example
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