Chapter 4 Source Documents Quizs

Memorandum

• A source document used when supplies are bought on account.

• A type of financial statement summarizing income and expenses.

• A formal agreement between two parties regarding a transaction.

• A document used to record employee attendance.

Sales Invoice

• An invoice used as a source document for recording a sale on account.

• A document that lists the items purchased and their prices.

• A receipt given to customers after payment is made.

• A summary of sales made during a specific period.

Calculator Tape

• The source document for daily sales.

• A tool for measuring length.

• A type of adhesive tape used in offices.

• A document for recording employee hours.

Receipt

• A document that serves as proof of cash received from sales transactions.

• A source document for cash received from transactions other than sales.

• A record of inventory purchases made by a business.

• A summary of monthly expenses for a company.

Check

• The source document for all cash payments.

• A type of bank statement.

• A record of credit transactions.

• An invoice for services rendered.