Which of the following would be a case where an event as a transaction is not supported by a source document?
A) a purchase of inventory on credit
B) a cash sale
C) a credit sale
D) None of these choices

Question

Quizplus · Accepted Answer

All three choices (A, B, and C) involve source documents. A purchase of inventory on credit would have an invoice or purchase order as a source document, a cash sale would have a sales receipt as a source document, and a credit sale would have a sales invoice as a source document. Therefore, there would be no case where an event as a transaction is not supported by a source document.

Which of the Following Would Be a Case Where an Event