Which of the following is not an example of a source document that provides evidence of a transaction?<\/p>\n
a. A cancelled check<\/p>\n
b. A sales slip<\/p>\n
c. A trial balance<\/p>\n
d. A cash register tape<\/p>\n
Answer: c. A trial balance<\/strong><\/p>\n A source document can be defined as an original report that contains information as proof of the occurrence of a particular business transaction in an organization. Accounting the information contained in fiscal uses of LE provides the basis for entries in the accounting system. The options that are examples of source documents are:<\/p>\n a. A cancelled check: This is a source document which is used in the organization to prove or confirm that a certain payment has been made.<\/p>\n b. A sales slip: This is a source document which can offer proof of a sale taking place.<\/p>\n d. A cash register tape: This appears to be a source document that aims at recording various cash sales transactions.<\/p>\n On the other hand, while a trial balance is extremely beneficial in an accounting system it is not a source document. A trial balance is a list showing account balances between the debit and the credit at a certain date. It is a statement prepared from the accounting documents and does not contain an original indication of a given transaction.<\/p>\n","protected":false},"excerpt":{"rendered":" Which of the following is not an example of a source document that provides evidence of a transaction? a. A cancelled check b. A sales […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n