Source Documents

A source document is ....................

• a document from different sauce businesses

• A document used as proof of a transaction

• a document used for source identification

• a document that helps accountants calculate payments

Which of the following are source documents?

• Cash register roll

• Receipt

• Cash income slip

• Cash Deposit slip

• Bank Statement

Document used when receiving cash for services rendered

Which source document will reflect EFTs

• Cash register roll

• Receipt

• Cash Deposit slip

• Bank Statement

Which of the following source documents will be used when depositing cash into the business bank account

• Cash register roll

• Receipt

• Cash income slip

• Cash Deposit slip

• Bank Statement

Which of the following source documents will reflect bank charges

• Cash register roll

• Receipt

• Cash income slip

• Cash Deposit slip

• Bank Statement

Which of the following items are bank charges?

• ATM Fee

• Credit Card Levy

• Interest on overdraft

• Cash Deposit Fee

• Interest on current account

What type of account is Bank

• Asset

• Liability

• Expense

• Income

What type of account is interest on overdraft

• Asset

• Liability

• Expense

• Income

What type of account is bank charges?

• Asset

• Liability

• Expense

• Income