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Chapter 6 Practice Test Journals, Source Documents, Taxes 1. Complete the following sentences by inserting the correct word or words in the blank. a) A ruled book in which accounting entries are recorded.

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Some examples of source documents include: Bank Statements. Payroll Reports. Invoices. Leases & Contracts. Check Registers. Purchase Orders. Deposit Slips – not included on a bank statement. Check Copies – not included on a bank statement.

The sales invoice serves as a source document for the sales day book. It needs to be stated that sales invoice equally serves as purchases invoice. To the seller, it is a sales invoice whereas to the buyer it is a purchases invoice.

Journals are "written up" from information recorded on source documents. The process of entering transactions into a journal is called journalising....What are Journals? Type of JournalSource DocumentCash Receipts JournalRecords money we have received e.g. cash register print-outs, receipts6 more rows

The source documents for the Sales journal are copies of all invoices given to the debtors. Double entry Accounting is achieved by: Debit – debtors account with value of sales (increasing a current asset) Credit – sales account with total amount (increasing income)

The source documents for general journal entries may be journal vouchers, copies of management reports and invoices.

Some examples of source documents include: Bank Statements. Payroll Reports. Invoices. Leases & Contracts. Check Registers. Purchase Orders. Deposit Slips – not included on a bank statement. Check Copies – not included on a bank statement.

Examples of source documents are cancelled checks, credit memos, deposit slips, expense reports, invoices, material requisition forms, purchase orders, time cards, and sales receipts.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232