- 1 Marks
Question
Apart from bank payment vouchers, what other source document can be used to record entries on the credit side of the bank cash book?
Answer
Cheque stub or e-payment mandate
Explanation: A cheque stub (or counterfoil) and e-payment mandate are source documents that provide proof of payments made by the business, and they are used to record entries on the credit side of the bank cash book, representing outgoing cash payments.
- Tags: Cash Books, Source Documents
- Level: Level 1
- Uploader: Theophilus