Question

aims and objectives of source documents of book keeping

Answer 1

The aims and objectives of source documents of book keeping are that you need to understand that any book keeping activity is to ensure that all the money in the business is accounted for.

This helps the business to know how the money meant for operation is being spent.

In general, source documents may be referred to the books where the original entry is made in the business.

Answer 2

The source documents captures the key data of transactions.

Explanation:

• The book keeping records all of the financial transactions that are a part of the accounting process and represents a day to day activity. Bookkeeping includes petty cash book, suppliers ledger, and a customer ledger, etc.

• The documents are called as source documents and the record is kept when the transaction is according to the date, price, and amount.  

• Some examples include cash receipts, cancellation checks, invoices, etc. These documents may be created electronically or handwritten format. This documents can be later used for the accounting cycle.

Learn more about the aims and objectives of source documents of book-keeping.

• brainly.in/question/6855222 answered by edwin555