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Documentos de Origem

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  • Nota de Estudos
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    Tashika B.
    US
    Tashika B.

    Source documents can increase in the liability creditors.

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Source documents are very important in business transaction in sense that they help the business or the organization to keep record of transaction between individual or group and at the same time the business transaction can be monitored and of which it helps the business or the organization to be on the right track.

    Alice B.
    GQ
    Alice B.

    Source document is important to both parties involved in a business transaction as it is archived for further accounts given in the business or organization in order monitor the movements of the organization or business.

    Morne V.
    ZA
    Morne V.

    Source documents are usually linked to control accounts. Two important documents for students to understand are the invoice and the credit note.

    Sunday O.
    NG
    Sunday O.

    Source documents

    Odongo M.
    UG
    Odongo M.

    Accounting -> Source documents Source documents Invoice Source documents are usually linked to control accounts. Two important documents for students to understand are the invoice and the credit note. Invoice This document is an invoice delivered by the seller to the buyer along with the goods as evidence of the transaction. The invoice duplicate is used by the seller (Alex) to record that this has happened in their credit sales journal. The buyer (Stewart Retail Stores) uses the invoice to record the transaction in their credit purchases journal. For the party selling the goods the effect on the accounting equation is: a decrease in the asset stock (show dollar cost) an increase in the expense cost of goods sold which is recorded at the cost price, followed by (show dollar cost) an increase in the asset debtors (show dollar selling) an increase in the revenue credit sales, which is recorded at the selling price. (show dollar selling) For the party buying the goods the effect on the accounting equation is: a increase in the asset stock an increase in the liability creditors

    Manish K.
    NP
    Manish K.

    course has been understood.

    Penelope M.
    US
    Penelope M.

    an invoice is simply a receipt in a different format.

    Adil N.
    MA
    Adil N.

    What are source documents?

    Gloria N.
    AE
    Gloria N.

    Source documents are usually linked to control accounts. Two important documents for students to understand are the invoice and the credit note.

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