Asked by Dahmineek Taylor on Jun 28, 2024

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Items such as sales receipts,bank statements,checks,and purchase orders are examples of a business's source documents.

Source Documents

Original records and documents that provide evidence of financial transactions and are the foundation for recording entries in the business’s accounting system.

Sales Receipts

Documents that evidence the sale of goods or services and the payment received for those sales.

Bank Statements

Monthly or quarterly documents issued by a bank detailing all transactions in a customer's account.

  • Comprehend the function and classification of source documents within the accounting cycle.
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Nydia CooperJul 02, 2024
Final Answer :
True
Explanation :
Source documents are the original documents from which transactions are recorded in an accounting system. Examples of source documents include sales receipts, bank statements, checks, and purchase orders.