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source documents include all of the following excepr: A. Income statement B. Che

ID: 2546731 • Letter: S

Question

source documents include all of the following excepr: A. Income statement B. Checks C. Purchase orders D. Bank statements 24. Identifyin of the following events would be recorded in the accounting records of Acme Car Wash? A. Acme washes 500 cars C. J.B. Smith, a customer, buys lunch at the restaurant next door to Acme while awaiting washing of her car. D. Clean Company, a supplier, sells 50 pounds of soap to ABC Company evant to an organization. Which B. Acme hires Andrea as a receptionist 25. Which of the following statements is incorrect? A. The normal balance of accounts receivable is a debit B. The normal balance of dividends is a debit C. The normal balance of unearned revenues is a credit D. The normal balance of an expense account is a credit (Numbers 11, 20, and 21 are non-multiple choice questions. Answer them on a separate sheet of paper, and show your workings).

Explanation / Answer

23.

A. Income statement

Explanation:

A source document is the original document which contain the information about business transactions. On the basis of source documents transactions are recorded in business.

All of the above except income statement , is a source document.