Question

proof of accounting transaction is​

Answer 1

Answer:

An invoice is also called a bill. Business must record all their credit sales or credit purchases in this document. For example, when a firm makes sales on credit, it prepares a sales invoice. It details the transaction in terms of the number of goods sold, the price per item, and the total amount sold.

Answer 2

The source document is essential to the bookkeeping and accounting process as it provides evidence that a financial transaction has occurred. During an accounting or tax audit, source documents back up the accounting journals and general ledger as an indisputable transaction trail.