3.2 Source Document

A source document

(1) it provides written evidence of a transaction and used by the accounting department as support for entries in the accounting records;

(2) it serves an important element in the control of the entity's resources.

• purchase order -when goods or services are ordered from a supplier

• tax invoice for purchases -invoice received from a supplier of goods/services

• cash register tapes-to record cash received for cash sales

• credit card slips - to record sales made on credit cards

• cheque butts- to record payments made by cheque to creditors