A source document provides the evidence and data for accounting transactions.

Name: A source document provides the evidence and data for accounting transactions.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

A source document is a record that provides evidence and data for accounting transactions. Examples of source documents include invoices, receipts, bank statements, and contracts. Accounting transactions are then recorded based on the information provided in the source document.

A Source Document Provides the Evidence and Data for Accounting