Source Documents in Transactions

Flashcards covering key terms and definitions related to primary and secondary source documents in transactions.

Primary Source Document

Original documents that are created at the time of a transaction.

Bank Statement

A summary of all transactions in a bank account over a specific period.

Cash Register Roll

A record of cash sales made by a business.

Proof of Payment (EFT)

Confirmation that an electronic funds transfer has been completed.

Duplicate Cash Invoice

A copy of a cash invoice used for record-keeping.

Customer's Debit/Credit Card Voucher

A document from a card transaction indicating payment was made.

Secondary Source Document

Documents that are created based on primary source documents.

Bank Debit/Credit Card Voucher

A document issued for transactions made using a bank card.

Payment for Goods, Services, or Expenses

Transaction made using electronic funds transfer.

Petty Cash Voucher

A document used to account for small cash expenses.