Forms and papers that provide information about a business transaction are called
A) ledgers.
B) accounts.
C) source documents.
D) journals.

Question

Quizplus · Accepted Answer

Source documents provide information about a business transaction, such as receipts, invoices, bills, and purchase orders. Ledgers are books of accounts where financial transactions are recorded, journals are books where transactions are initially recorded, and accounts are records of individual transactions.

Forms and Papers That Provide Information About a Business Transaction