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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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BuyFindarrow_forward

College Accounting, Chapters 1-27

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

Name a source document that provides information about each of the following types of business transactions:

a. Cash payment

b. Cash receipt

c. Sale of goods or services

d. Purchase of goods or services

To determine

Identify the source document that provides information for the given types of business transactions.

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.

Types of  business transactionSource  document
a...

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