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hello welcome to accounting hub i'm professor joyce skarpin pag in accounting and our topic today is source documents what kind of documents can we use when we are recording any transaction so a business paper from which information is obtained for a journal entry is called a source document so let's consider that i'm working in an accounting department and my teammates just tell me oh jorge please record uh 200 from grocery store for our for our food man i cannot do that if they have no paper i cannot do that their word uh okay i believe them and they are fair they are honest but they are not a source for my recording okay so what is a source document what kind of documents do we have first checks a business form ordering a bank to pay cash from a bank account is called a check and what do we have the check is only this part here so let's consider this delgado web service first we write the date he's missing the year here pay it to the order of so who are we paying so here we are paying east side supplies how much and then we write the how much 165 dollars uh in those things we can we don't need these no cents anymore uh and the name of bank for we are paying supplies we are paying salary and so on and our signature and this part here it doesn't go to each side supplies it is for our internal control amount date two for and here the balance of our bank account so this is a check very valid uh document invoice a form describing the good ourselves so the quantity the price and the terms of sale is called an invoice so here we give it to our customer or we receive it from our supplies so to mainstreet service their address and the date terms when they will be paying us it is on cash or on account here it is on account 30 days and the description of our service amount and total if we have more than one service we can add it here and the total is the sum of them very very popular too an invoice used as a search document for recording a sale is called a sales invoice or sales ticket or sales is linked so here other names for sales invoice receipt business form given written and knowledgeable for cash receiving is called a a receipt so this invoice here uh when they pay us we give them a receipt and again this is the one that we give them this is the one for our control so january 2nd receive it from michelle delgado that is our company for investment two thousand dollars and receive it by here the sign of our company another one memorandums in usually it is an internal document a form on which a brief message is written to describe crime a transaction uh and then we have here it can be together with our cheques or invoices or separately what supplies on account from kenya of supplies 220 and so on so it is usually internal document or even calculator takes we can sign it and it can be used as a document not popular anymore not very reliable so avoid it but it's valid it is legal okay guys so this is some documents that we can use when we are recording accounting transactions so you can use it for a lot of your classes in financial accounting or even auditing they also use these documents okay guys thank you so much if questions or comments leave it here or email me at skypinghma.com and please subscribe our channel and like our facebook page accounting hub by dr skyping have a very nice day and god bless you