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Source documents are original records that provide evidence of business transactions. Examples include invoices, receipts, purchase orders, and bank statements. Understanding source documents involves being able to identify, analyze, and interpret the information they contain to ensure accurate financial reporting and decision-making. For example, analyzing an invoice for a purchase can help determine the amount owed to a supplier and verify the goods received.

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List and explain all the accounting source documents?

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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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