Accounting 1- Source Documents

If you receive a sales invoice, which transaction would you select?

• Sold services on account
• Sold services for cash
• Received cash for sales
• Sales invoice can be used for anything

Identify the transaction: Received cash from owner as an investment. What type of source document would you have received. 

• Check
• Receipt 
• Memorandom
• Tape

What are checks used for? 

• When you pay cash for something
• If you are correcting a mistake in a general journal
• When you received cash from owner as an investment
• I have no clue

If you sold anything for cash, what type of source document did you receive? 

• Check
• Tape
• Sales Invoice
• Receipt

Memorandums can be used to make corrections

• True
• Fales

If you receive cash for sales, the source document that goes along with that transaction is calculator tape.

• True
• False

What type of source document is this? 

• Sales Invoice
• Memorandum
• Check
• Tape

Identify the source document. 

• Tape
• Receipt
• Check
• Sales Invoice

What can memorandums be used for? 

• Anything
• Selling things for cash
• Selling services 
• Selling things on account

Match the source document with the transaction. 

• Bought supplies on account from Atlas Supplies. 
• Received cash from owner as an investment. 
• Received cash on account. 
• All the above