What is the written evidence of business transactions?

Understand the Problem

The question is asking for the types of documents or records that serve as proof for business transactions. This may include invoices, receipts, contracts, and other documentation that provides evidence of the exchange of goods or services.

Answer

source document or voucher

The final answer is source document or voucher.

Answer for screen readers

The final answer is source document or voucher.

More Information

Source documents or vouchers serve as the original proof that a business transaction occurred, such as invoices, receipts, and bank statements.

Tips

A common mistake is confusing journal entries with source documents. Source documents are used to create journal entries.

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