Write the missing word(s) in the spaces provided, using the following words: duplicate copy, cheque, control, duplicate
Question:
Write the missing word(s) in the spaces provided, using the following words: duplicate copy, cheque, control, duplicate receipt, memo, original, receipt, receives, sends, source.
a An originating or starting document is called a . . . . . . . . . document.
b With some exceptions, the . . . . . . . . . document is used within a business and does not go outside of the business.
c To pay funds the business could prepare a . . . . . . . . . and the source document would be the cheque butt.
d When the business receives funds it could prepare a . . . . . . . . . and the source document would be the . . . . . . . . .
e When the business buys on credit it . . . . . . . . . the . . . . . . . . . tax invoice from the supplier and processes it as the source document.
f When the business sells goods on credit it . . . . . . . . . the original invoice and the source document is the invoice . . . . . . . . .
g The source document for an internal adjustment to the books of the business is usually an authorised internal . . . . . . . . .
Step by Step Answer:
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson