GRADE 8 ACCOUNTING
SOURCE DOCUMENTS
All transactions should be recorded on source documents. These documents
serve as proof that a transaction took place and helps to prevent fraud
Receipts 2
Cash Register Roll 3
Deposit Slip 4
Cheques and Cheque Counterfoil 5
Bank statement 6
, Receipts
- When cash is received from someone, the business must issue a
receipt. The original receipt is given to the person who paid the
money, while the business keeps a duplicate
1. Serial number of the receipt
2. Date on which the money was received
3. Name of person from whom cash was received
4. Amount stated in words
5. Nature of payment / reason for receipt
6. Amount stated in numbers
7. Signature of clerk on behalf of business
SOURCE DOCUMENTS
All transactions should be recorded on source documents. These documents
serve as proof that a transaction took place and helps to prevent fraud
Receipts 2
Cash Register Roll 3
Deposit Slip 4
Cheques and Cheque Counterfoil 5
Bank statement 6
, Receipts
- When cash is received from someone, the business must issue a
receipt. The original receipt is given to the person who paid the
money, while the business keeps a duplicate
1. Serial number of the receipt
2. Date on which the money was received
3. Name of person from whom cash was received
4. Amount stated in words
5. Nature of payment / reason for receipt
6. Amount stated in numbers
7. Signature of clerk on behalf of business
