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WorksheetsSource Document Practice
Total questions: 25
Worksheet time: 13mins
What is the source document for all cash payments?
Check Stub
Sales Invoice
Memorandum
Register Tape
Receipt
What is the term to describe the information for each transaction recorded in a journal?
CHECK
SALES INVOICE
ENTRY
SOURCE DOCUMENT
What is the term for recording transactions in a journal?
JOURNALIZING
SALES INVOICE
RECEIPT
CHECK
Which source form is a brief message is written to describe a transaction?
CHECK
MEMORANDUM
RECEIPT
JOURNAL
REGISTER TAPE
What is the term for a business form ordering a bank to pay cash from a bank account?
RECEIPT
JOURNAL
MEMORANDUM
CHECK
What is the term for a business paper which provides information in order to record journal entry?
SOURCE DOCUMENT
JOURNAL
ACCOUNTANT
SALES INVOICE
REGISTER TAPE
What is the form used for recording transactions in chronological order?
JOURNALIZING
JOURNAL
INVOICE
SOURCE DOCUMENT
Which source document is used for recording a sale on account?
INVOICE
SALES INVOICE
MEMORANDUM
JOURNAL
REGISTER TAPE
Which source document is used when by a business to give written acknowledgement for cash received?
INVOICE
ENTRY
RECEIPT
MEMORANDUM
REGISTER TAPE
Which is the source document describing the goods or services purchased on account, the quantity, the price, and the terms of sale?
INVOICE
JOURNAL
SALES INVOICE
CHECK
REGISTER TAPE
An entry cannot be recorded unless there is a source document. The source document proves the transaction occurred.
True
False
A receipt is only used when there is no other type of source document.
True
False
The accounting cycle begins by recording _____________ in the form of journal entries.
Business transactions
Financial information
Corporate minutes
Business contracts
What is the source document used when supplies are bought on account ?
Check Stub
Sales Invoice
Memorandum
Register Tape
Receipt
In the transaction, RECEIVED CASH FROM OWNER AS AN INVESTMENT, the source document is a/an:
Calculator Tape
Receipt
Check Stub
Invoice
In the transaction, BOUGHT SUPPLIES ON ACCOUNT FROM DIXON SUPPLY CO., the source document is a/an:
Calculator Tape
Check Stub
Invoice
Receipt
In the transaction, BILLED ANDERSON COMPANY FOR WORK COMPLETED, the source document is a/an:
Calculator Tape
Check Stub
Invoice
Receipt
What is the source document that gives you the amount to enter for a total day's sales?
Calculator Tape
Receipt
Check Stub
Receipt
he general journal, the following entry was made:
Debit - Supplies
Credit - Account Payable - Supply Company
What was the source document for this transaction?
Calculater Tape
Check Stub
Invoice
Receipt
What term best describes a person or business being paid?
Payee
Payer
Seller
Buyer
Which term best describes the purchaser of goods or services (customer)?
Payee
Payer
Seller
Buyer
A calculator tape is the source document for daily sales.
True
False
When recording in a general journal, a calculator (or register) tape required a debit, credit to which accounts?
debit Sales; credit Cash
debit Cash; credit Sales
debit Cash; credit Capital
debit Capital; credit Cash
Examples of source documents includes checks, sales invoices, memorandums, and letters.
True
False
In the transaction, RECEIVED CASH FROM OWNER AS AN INVESTMENT, the source document is a/an:
Calculator tape
Check stub
Invoice
Receipt
