A sales invoice is a source document that
A) provides support for goods purchased for resale.
B) provides evidence of incurred operating expenses.
C) provides evidence of credit sales.
D) serves only as a customer receipt.

Question

Quizplus · Accepted Answer

A sales invoice provides evidence of credit sales, including information such as quantity, description, price, and terms of payment. It is used to record the transaction and create an accounting entry in the company's books. It does not provide support for goods purchased for resale or evidence of incurred operating expenses. Although it serves as a customer receipt, it is primarily used as a source document for accounting purposes.

A Sales Invoice Is a Source Document That