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Accounting 1- Source Documents

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.
If you receive a sales invoice, which transaction would you select?
a)
Sold services on account
b)
Sold services for cash
c)
Received cash for sales
d)
Sales invoice can be used for anything
2.
Identify the transaction: Received cash from owner as an investment. What type of source document would you have received. 
a)
Check
b)
Receipt 
c)
Memorandom
d)
Tape
3.
What are checks used for? 
a)
When you pay cash for something
b)
If you are correcting a mistake in a general journal
c)
When you received cash from owner as an investment
d)
I have no clue
4.
If you sold anything for cash, what type of source document did you receive? 
a)
Check
b)
Tape
c)
Sales Invoice
d)
Receipt
5.
Memorandums can be used to make corrections
a)
True
b)
Fales
6.
If you receive cash for sales, the source document that goes along with that transaction is calculator tape.
a)
True
b)
False
7.
What type of source document is this? 
a)
Sales Invoice
b)
Memorandum
c)
Check
d)
Tape
8.
Identify the source document. 
a)
Tape
b)
Receipt
c)
Check
d)
Sales Invoice
9.
What can memorandums be used for? 
a)
Anything
b)
Selling things for cash
c)
Selling services 
d)
Selling things on account
10.
Match the source document with the transaction. 
a)
Bought supplies on account from Atlas Supplies. 
b)
Received cash from owner as an investment. 
c)
Received cash on account. 
d)
All the above
11.
Match the source document with the transaction. 
a)
Received cash from sales
b)
Received cash on account
c)
Bought supplies with cash
d)
Bought supplies on account
12.
If you received cash from sales, what source socument did you receive?
a)
Sales Invoice
b)
Memorandum 
c)
Tape
d)
Check 
13.
Match the source document with the following transaction: Received cash from sales. 
a)
Sales Invoice
b)
Tape
c)
Memorandum
d)
Check
14.
Match the source document with the following transaction: Sold services on account. 
a)
Tape
b)
Check
c)
Sales Invoice
d)
Receipt
15.
"Received cash on account" goes with what document? 
a)
Receipt
b)
Tape
c)
Check
d)
Sales Invoice