• 1 Marks

FA – MAY 2015 – L1 – SA – Q4 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify the source of data for recording in the sales day book.

The source of data for the recording of sales day book of a business enterprise is:
A. Returns inward note
B. Returns outward note
C. Official receipt
D. Payment voucher
E. Invoice

Answer: E
Explanation:
The sales day book is used to record credit sales, and the invoice is the primary source document that provides details of such sales transactions.

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