Accountancy, asked by urkking4647, 1 year ago

collection of all types of documents used in the banks and office presentation

Answers

Answered by ace9477
11
Proper maintenance of source documentation is a key and often overlooked factor to ensure proper and accurate transactions are posted to the accounting system. Each time a company makes a financial transaction, a paper trail is generated...
Answered by vchilongo
6

It is very necessary for the banks to collect all the documents used and have been left anyhowly to be collected for disposal by various bank agencies,

This is because the documennts contains a very confidentila information which may be harked and lead to poor accountability of ones resources stored in the bank where the initial objective was safetty.

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