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Unformatted text preview: Chapter 7: What are source documents? Give two examples. Source documents are original transactions, and are often used as evidence that a business transaction has occurred. Some examples are: Customers invoices, time cards, credit cards receipts and deposit slips. When special journals are used, they are usually used to record each of four different types of transactions. What are these four types of transactions? Why should sales to and receipts of cash from credit customers be recorded and posted immediately? http://www.bookkeeperlist.com/gaap.shtml CHECK THIS WEBSITE OUT....
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This note was uploaded on 11/15/2010 for the course AC 201 taught by Professor Leland during the Spring '10 term at Park.
- Spring '10