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Define source document

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Define source document

Posted by Aanya Jain 5 years ago

CBSE > Class 11 > Accountancy

1 answers

Yogita Ingle 5 years ago

In a business transaction, the source document is the first recorded document for the transaction. In this document, all the important details like date, amount, parties name involved, and the nature of the account is reported. Only from the source document, all the entries in other books are recorded.

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