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Functions Of Source Documents - Accountsprinciplesofaccounts Jamb Past Questions and Answers

Accountsprinciplesofaccounts Questions And Answers On Functions Of Source Documents
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Accountsprinciplesofaccounts Jamb Past Questions


Questions and Answers on Functions of source documents

Question 16 :



When the invoice of a customer is overcast, the supplier will send to him a

A. Debit note
B. Cheque
C. Credit note
D. Payment voucher


Question 17 :



Which of the following condition would attract credit and debit notes to be used?

A. When goods are received from supplier
B. When a trial balance is extracted
C. When a buyer is under or over charged
D. When goods are sold to a buyer


Question 18 :



A receipt is an evidence of

A. Payments
B. Stocking
C. Delivery
D. Discounts


Question 19 :



Which of these is the main source document for recording cash paid into bank?

A. Invoice
B. Cheque book
C. Credit note
D. Pay-in-slip


Question 20 :



The major source of document which enables employer to calculate the employee wages is the?

A. Norminal roll of employees
B. Records of number of hours worked
C. Effort of the employee
D. Record of independence per employee






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