Notes
unit 4 the accounting cycle
Content of the notes (1)
Page 1
source document : invoice ,receipt, deposit slip' check counterfoil, statement, payment conformation, (proof) including time and date
Invoice: Bills, you owe someone or someone who owes you
2.Receipts: confirm that services or goods have ben recieved
3.Deposit slip: proof that cash has been deposited in a bank account
4.Check counterfoil: part of the check kept by the drawer
5.Statement: report showing the amount owed by one buisness to another, details between the companies
6.Payment Conformation: proof of internet transactions
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- 4-1 Source document 4-2 Accounting journals 4-3 Ledger (T-Accounts) 4-4 Trial balance 4-5 Financial Statements
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