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

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 . . . . . . . . .

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Here are the missing words a Original b Duplicate copy c Cheque d Receipt original receipt e Receive... View full answer

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