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Home Assignment of Origin of Transaction & Vouchers
01. A source document prepared by the seller of goods on credit is known as :
a) Money receipt
b) Cash Memo
c) Invoice
d) Pay in slip
02. Voucher isprepared for :
a) Cash received and paid
b) Cash /credi sales
c) Cash/credit purchases
d) All the above
03. A source document prepared by the seller of goods on cash is known as :
e) Money receipt
f) Cash Memo
g) Invoice
h) Pay in slip
04. Which source document is used for depositing money into the bank
a) Money receipt
b) Cash Memo
c) Invoice
d) Pay in slip
05. Credit purchase of Machinery is recored in through :
a) Transfer Voucher
b) Cash voucher
c) Credit Voucher
d) None of the above
06. Pay in slip is a document used to deposit – or cheques into the bank
07. Cash voucher may be either – or --.
08. – is prepared by the seller when goods sold in credit.
09. – is drawn upon specified bank and is payable on demand.
10. The effect of debit note is that indebtedness of buyer is -- to reduce to the extent
of stated amount.
11. Name any two-source document. (1)
12. What is cash Memo? (3)
13. Define source document. (3)
14. What is debit Note?(3)
15. What is credit Note? (3)