Gr9 EMS | Term 2 Lesson 2 | Debtors & Source Documents, Journals

A service business has 2 types of cash transactions (choose all that apply)

• Cash receipts

• Cash debit

• Cash sales

• Cash payments

Journals are used to record ______?*

• Transactions

• Payments

• music

• Videos

All the money or cash received by a business is recorded in the_____?*

• CPJ

• CRJ

Which of the following source documents are needed for the CRJ?*

• Deposit slips

• Receipts issued to clients

• Cash register roll

• Cash invoice

• Cheques

At the end of the day a source document is issued by the bank to summarize all the receipts of the day. This is referred to as a ____?

• Deposit slip

• Deposit receipt

• Payment slip

• Deposit record.

A Cash invoice takes the place of which source document?

• Cash receipts

• Deposit slip

• CRJ

• Cheque