Presented Below Are a List of Source Documents and a List

question 90

Essay

Presented below are a list of source documents and a list of transactions. Using the identification letters before each source document, indicate next to each transaction which source document serves as evidence for the recording of the transaction.
Source Documents
A Purchase invoice
B Sales invoice
C Cash register tape
D Check
E Time card
F Monthly statement
G Promissory note
H Stock certificate
Transactions
_____ 1 Supplies are purchased on credit.
_____ 2 Cash sales are made to customers.
Land is acquired by signing an agreement to pay a stated amount plus interest in one year.
Utilities expense is recorded for the current month.
The weekly payroll is paid.
Merchandise is sold to a customer on account.
Payment is made for utility bills which were recorded earlier.
Investors purchase additional shares of the company's stock directly from the company.

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Definitions:

Adaptation Model

The adaptation model is one popular approach to business strategy where a business seeks ways to adapt to its environment.

Little Uncertainty

Situations in which outcomes or expectations are relatively clear and predictable, minimizing the need for guesswork or speculation.

Personality

Is the relatively stable set of psychological attributes or traits that distinguish one person from another. Some organizations believe that one or more particular personality traits may relate to how well an employee can perform a certain job or type of job.

Psychological Attributes

Characteristics of an individual's psychological makeup, including personality traits, attitudes, motivations, and emotions.