The source document for all cash payments is a check
Asked by admin @ in Business viewed by 243 People
5. The source document for all cash payments is a sales invoice. (P. 60)
true or false
Asked by admin @ in Business viewed by 243 People
5. The source document for all cash payments is a sales invoice. (P. 60)
true or false
Answered by admin @
Answer:
false
Explanation:
A sales invoice is an accounting document addressed to a client informing them of the amount they should pay for the goods or services provided. It details the services or products provided, the date, name of the client, the amount due, among other details. The invoice does not keep information on cash payments.
The check is the document that contains information on cash payments. The checkbook will retain details of all payments, such as amount, payee, and payment date. This data is useful in cash reconciliations.
Asked by admin @ in Math viewed by 357 persons
Asked by admin @ in Math viewed by 299 persons
Asked by maham237 @ in English viewed by 358 persons
Asked by admin @ in Business viewed by 330 persons
Asked by admin @ in Accountancy viewed by 442 persons
Asked by maham237 @ in History viewed by 307 persons
Asked by maham237 @ in English viewed by 398 persons
Asked by wiki @ in Health viewed by 1293 persons
Asked by wiki @ in Social Studies viewed by 751 persons
Asked by vanshika149 @ in English viewed by 1152 persons
Asked by rajesh064 @ in English viewed by 1319 persons
Asked by jaylord7 @ in Mathematics viewed by 1104 persons
Asked by jesus643 @ in History viewed by 1399 persons
Asked by kavin044 @ in English viewed by 1278 persons
Asked by maham237 @ in Business viewed by 2747 persons
Asked by maham237 @ in Business viewed by 2115 persons
Asked by wiki @ in Business viewed by 1855 persons
Asked by maham237 @ in Business viewed by 1486 persons
Asked by maham237 @ in Business viewed by 1298 persons
Asked by maham237 @ in Business viewed by 1176 persons
Asked by maham237 @ in Business viewed by 1090 persons
Asked by maham237 @ in Business viewed by 1080 persons
Asked by maham237 @ in Business viewed by 1073 persons
Asked by wiki @ in Business viewed by 989 persons
Asked by maham237 @ in Business viewed by 977 persons