July 2018

Cambrige Notes: Source Documents and their uses

By |2018-08-01T07:28:21+02:00July 25th, 2018|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Source Documents and their uses

  • Accounting is the systematic recording of financial transactions in monetary terms.
  • Every time a business makes a transaction in the real world a paper trail is created.
  • The paper trail is known as/are a source document(s)
  • A source document is the original document that shows that a transaction took place.
  • For […]

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August 2015

Source Documents and their uses

By |2017-01-17T11:18:20+02:00August 11th, 2015|Notes, Ordinary Level Notes, Principles of Accounts Notes|

A bank cheque is an example of a source document. Image credit delcamp.net

A bank cheque is an example of a source document. Image credit delcampe.net ZIMSEC O Level Principles of Accounts Notes: Source Documents and their uses
  • Accounting is the systematic recording of financial transactions in monetary terms.
  • Every time a […]

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