Types of Source Documents - SS1 Accounting Past Questions and Answers - page 1
Which of the following is an example of a sales receipt?
A bank statement
A credit note
A document showing the purchase of office supplies
What information is typically found on a purchase invoice?
Date, amount, and description of the items purchased
Date of birth and social security number of the buyer
The weather on the day of the purchase
What is a payroll record?
A legal agreement between parties that outlines the terms of a transaction or arrangement.
A document related to employee wages and salaries.
A record of all transactions on a bank account.
What is the purpose of shipping documents?
To provide information about the shipment of goods.
To provide evidence of a credit issued to a customer.
To show the cost of goods or services purchased for business use.
What is a credit note?
A document that shows the cost of goods or services purchased for business use.
A legal agreement between parties that outlines the terms of a transaction or arrangement.
A document that provides evidence of a credit issued to a customer.
Give an example of a source document related to expenses.
How do source documents facilitate the accounting process?