Question

q. 1. Features of source documents? (chapter 3rd Name:vouchers and transactions)​

Answer 1

Features of source documents:

❀ Date of transaction.

❀ Names and addresses of parties involved in the transaction.

❀ Description of the goods or services.

❀ Amount involved.

❀ Terms and conditions related to trade discounts, cash discount and other details related to delivery.

❀ Signature of the concerned parties.

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