Question

Items such as sales receipts, bank statements, checks, and purchase orders are examples of a business's source documents. Group of answer choices True False

Answer 1

Items such as sales receipts, bank statements, checks, and purchase orders are examples of a business's source documents

What are source documents?

A source document is a document that has the initial information on a business transaction.

A source document has the following information:

• Name of the parties in the transaction
• Amount paid
• Date the transaction occurred

Examples of source documents:

• Bank Statements.
• Sales receipts.
• Invoices.
• Check Registers.
• Purchase Orders.

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