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Which of the following is not a source document?

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Accounts - Principles of Accounts WAEC 2003

Which of the following is not a source document?

  • cheque stub
  • cash receipt
  • cash receipt
  • cash book checkmark

The correct answer is: D

Explanation

A source document is an original document that contains the details of a business transaction. That is, it contains all the information on the goods and services bought, sold, or paid for by a business.

The most common documents are:

  • Checks.
  • Invoices.
  • Receipts.
  • Credit memos.
  • Employee time cards.
  • Deposit slips.
  • Purchase orders.

From the options above, a cashbook is a not a source document rather, it is a book used in recording the cash transactions of a business.

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