Understanding source documents

Started 26 days ago

Session:
Understanding source documents
Primary topic:
Source documents
Level:
Foundation
Mastery:
Likely strong78%

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You

What counts as a source document?

StudyPath

Invoices, credit notes, debit notes, receipts, cheque counterfoils and bank statements. Each one is evidence that a transaction happened, and each one feeds a specific book of original entry — sales invoices to the sales day book, credit notes to the returns inward day book, and so on.

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