Documents that prove a transaction occurred are:
A)Source documents
B)Receipts
C)Paid invoices
D)All the above

Question

Quizplus · Accepted Answer

Source documents, receipts, and paid invoices are all documents that provide evidence that a transaction occurred. Source documents include things like purchase orders, contracts, and bills of sale, which initiate a transaction. Receipts are proof of payment and confirm that funds were exchanged. Paid invoices show that a transaction was completed and payment was received. All of these documents are important for record-keeping and to ensure accurate accounting.

Documents That Prove a Transaction Occurred Are