Source documents:
A)Include the ledger.
B)Are the origins of accounting information.
C)Must be in electronic form.
D)Are based on accounting entries.
E)Include the chart of accounts.

Question

Quizplus · Accepted Answer

Source documents are the original record of a transaction or event, and are the starting point for accounting entries. They can include invoices, receipts, checks, contracts, and other documents that provide evidence of a financial transaction. They are crucial for accurate bookkeeping and financial reporting. The ledger and chart of accounts are important components of the accounting system, but they are not considered source documents. Source documents can be in electronic or paper form.

Source Documents