Source Documents Flashcards
1
Q
Sales invoice
A
The business gives this to someone/another business when goods are sold on credit
2
Q
Debit note
A
This is a document a customer gives to the seller when returning goods purchased
3
Q
Credit note
A
This is issued by the seller to the customer
4
Q
Purchases invoice
A
A document sent to a buyer after the purchase has been made
5
Q
What is written up from the debit note?
A
Return outwards journal then the purchases ledger
6
Q
What is written up from the purchases invoice?
A
The purchases journal then the purchases ledger
7
Q
What is written up from the sales invoice?
A
The sales journal then the sales ledger
8
Q
What is written up from the credit note?
A
The return inwards journal and the sales ledger
