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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

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Dillan Mraz

Lvl 10
2y ago
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Wiki User

13y ago

Source documents are used to:

  1. Prepare journal entries with the information provided
  2. Serve as evidence that the transaction has occurred
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Q: What is the purpose of source document?
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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


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