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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
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BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

SERIES A EXERCISES

SOURCE DOCUMENTS Source documents trigger the analysis of events requiring an accounting entry. Match the following source documents with the type of information they provide.

1. Check stubs or check register    a. A good or service has been sold.

2. Purchase invoice from suppliers (vendors)    b. Cash has been received by the business.

3. Sales tickets or invoices to customers    c. Cash has been paid by the business.

4. Receipts or cash register tapes    d. Goods or services have been purchased by the business.

To determine

Match the source documents with its type of information.

Explanation

Source documents:

A document that provides information about the company’s business transaction is known as source documents. Some of the examples of the source document are check stubs, cash register tapes, purchase invoices from the suppliers and sales invoices issued to the customers or clients.

Match the source documents with its type of information.

Source documentsInformation
1...

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