answersLogoWhite

0

NO..YOU WILL ALWAYS HAVE TO KNOW THE SOURCE THE RECEIPTS..BEFORE YOU CAN CLAIM A MISTAKE OR SOMETHING...IM 14 YEARS OLD

User Avatar

Wiki User

17y ago

What else can I help you with?

Continue Learning about Accounting

Transactions recorded in the cash receipts journal?

Transactions recorded in the cash receipts journal are, all receipts of cash.


What is role of bookkeeper?

The bookkeeper central role is to record the financial transactions occurs with in the business. Transactions include purchases, sales, receipts and payments by an individual or organization. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies.


What are documents used in business transaction?

Documents used in business transactions include invoices, purchase orders, contracts, and receipts. Invoices detail the goods or services provided along with payment terms, while purchase orders formalize an order request from a buyer to a seller. Contracts outline the terms and conditions agreed upon by both parties, and receipts serve as proof of payment. These documents ensure clarity, accountability, and legal protection in business dealings.


What is marshalling receipts and issuing?

Marshalling receipts and issuing refers to the process of organizing and managing financial transactions, particularly in the context of handling receipts from various sources and issuing payments or acknowledgments. It involves systematically recording incoming funds or documents and ensuring that they are accurately processed and distributed. This practice is essential for maintaining financial accuracy, accountability, and ensuring that all transactions are properly tracked and reported.


How can you maintain reconciliation of ATM transaction?

Keep ATM receipts. Check ATM receipts against bank statement. Ensure the balance on the bank statement is correct, and all transactions have been reconciled.

Related Questions

Transactions recorded in the cash receipts journal?

Transactions recorded in the cash receipts journal are, all receipts of cash.


Fax and its use by individual and office?

Fax plays a major role in making business transactions. It transmit copy or image of important documents such as receipts, contracts and other legal documents necessary for business transactions.


Book keeping services would be used to record what?

Bookkeeping services are used to record the financial transactions of a business. These transactions include payments by an organization or individual, purchases, sales and receipts.


What are the purposes of a fax machine in a business?

Fax machine is used to send and receive a copy or image of important documents such as contract, receipts, legal documents and forms necessary in business transactions.


Can you get receipts from credit card transactions?

Yes, you can typically get receipts from credit card transactions either in physical form or electronically through your credit card statement or online account.


What is role of bookkeeper?

The bookkeeper central role is to record the financial transactions occurs with in the business. Transactions include purchases, sales, receipts and payments by an individual or organization. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies.


How and when is fax used?

Fax is used when you need to send or receive a copy of documents. Usually enterprises use this to transmit legal documents, forms and receipts necessary in business transactions.


Which is a true statement about receipts in dts?

Receipts are mandatory for all expenses of $75 or more regardless of expense type.


What is the capital receipts and revenue receipts?

REVENUE RECEIPTS* Receipts related to NORMAL ACTIVITIES of the business* Credited as revenue to Trading and Profit & Loss Account* Examples: receipts from sales of goods and services, rent, commission and interest on bank deposits received by the businessCAPITAL RECEIPTS * Receipts derived from activities which are not part of the normal trading activities of the business* Appears as capital or liabilities in the Balance Sheet* Examples: receipts of cash brought in by partners, shareholders, debenture holders and bank loans


Can you provide me with information on how to obtain TFL receipts for my travel expenses?

To obtain TFL receipts for your travel expenses, you can request them online through the Transport for London (TFL) website. Simply log in to your TFL account, navigate to the receipts section, and download or print the receipts for your travel transactions. Alternatively, you can contact TFL customer service for assistance in obtaining your receipts.


Which are not TRUE statements about receipts?

Not all receipts are legally required for every purchase; for small transactions, a seller might not provide one. Additionally, receipts do not always guarantee a refund or exchange, as policies vary by retailer. Lastly, receipts can be digital or paper; therefore, a receipt being physical is not universally true.


What are documents used in business transaction?

Documents used in business transactions include invoices, purchase orders, contracts, and receipts. Invoices detail the goods or services provided along with payment terms, while purchase orders formalize an order request from a buyer to a seller. Contracts outline the terms and conditions agreed upon by both parties, and receipts serve as proof of payment. These documents ensure clarity, accountability, and legal protection in business dealings.