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What is the source document used to record a credit purchase?
A duplicate tax invoice
The source document for all cash payments is a sales invoice?
Yes, it is.
Is the suppliers invoice the source document for a purchase on credit transaction?
yes
What is an accounting source document?
It is the original paper or document that indicates that a transaction took place. For a sale, the account source document would be the sales receipt or invoice. For a purchase, it would be the receipt or invoice from the vendor. For salaries, it would be the cancelled paycheck.
What is the source document for recording a cash sale transaction?
original tax invoice
What is a source document?
A source document is the original document that supports the posting of an accounting entry such as a cash receipt or an invoice.
What is the source document used to record a credit purchase?
A duplicate tax invoice
Is the suppliers invoice the source document for a purchase on credit transaction?
yes
The source document for all cash payments is a sales invoice?
Yes, it is.
What is the source document used for a credit purchase?
The original of tax invoice
What is an accounting source document?
It is the original paper or document that indicates that a transaction took place. For a sale, the account source document would be the sales receipt or invoice. For a purchase, it would be the receipt or invoice from the vendor. For salaries, it would be the cancelled paycheck.
What is the source document for recording a cash sale transaction?
original tax invoice
What source document is ed to record credit sales?
Duplicate copy of tax invoice
Explain the purpose of source document?
When a business transaction occurs then documents is called source document. Examples of source documents are: 1. cash receipt 2. cancelled check 3. Invoice sent or received 4. Employee Time sheet
What are the business document used in accounting?
Cheques, Receipts, Payment invoice, Cash invoice,
What is a profoma invoice?
A pro forma invoice is a document that states what repairs and or services will be made and the price that will be charged. It is not an actual invoice.
What document should you receive before you pay an invoice?
Once an invoice is received, that invoice is the only document needed to justify payment to the supplier or creditor issuing the invoice. Some organizations require additional documentation (generally known as approval summaries) depending on the amount to be paid for the invoice.
