Loading [MathJax]/jax/output/HTML-CSS/fonts/TeX/fontdata.js

Unit 4 The Accounting Cycle

Description

4-1 Source Documents 4-2 Journals 4-3 Ledger(T-Accounts) 4-4 Tribal Balance 4-5 Financial Statements
loganortiz22
Note by loganortiz22, updated more than 1 year ago
loganortiz22
Created by loganortiz22 over 11 years ago
29
1
1 2 3 4 5 (0)

Resource summary

Page 1

4-1 Source DocumentsWhat is a source document?  Invoice 

The first document that exist relating to a transaction.Serve as proof for a transaction include date and time  invoices Normally relate to credit transactions list goods or services provided and their prices. Suppliers normally send an invoice with goods(or once services have been delivered) Indicate payment terms(time)  Bills  Receipts  Confirm that services or goods have been received  Normally relate to cash transactions  Deposit Slip  proof that cash, including currency and checks, has been deposited in a bank account Check Counterfoil  This is the part of the check kept by the drawer(writer) of the check as a record of the transaction.  Statement  A report showing the amount owed by one business to another details of transactions between the two businesses 

New Page

Show full summary Hide full summary

0 comments

There are no comments, be the first and leave one below:

Similar

A-Level Physics: Course Overview
cian.buckley+1
English Speech Analysis Terminology
Fionnghuala Malone
Resumo para o exame nacional - Fernando Pessoa Ortónimo, Alberto Caeiro , Ricardo Reis e Álvaro Campos
miminoma
Common Irish Words
silviaod119
IB SL Biology: Cells
mcgowan-w-10
EBW: Onderwerp 1, Gr7 (KABV)
mvloch
GCSE Science - B1 - You and Your Genes - Genes, Chromosomes and DNA
GeorgeHaines
GCSE Chemistry C3 (OCR)
Usman Rauf
Study tips/hacks
Sarah Biswas
Anatomie - sistemul digestiv 1
Eugeniu Nicolenco