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Identify Which of the Following Items Would Likely Serve as a Source

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Essay

Identify which of the following items would likely serve as a source document by marking an X in the appropriate column.The first one is done as an example
 Yes  No  Ex.  Credit card X a.  Credit card receipt  b.  Purchase order  c.  Invoice  d.  Balance sheet  e.  Bank statement  f.  Journal entry  g.  Electric power bill  h.  Employee earnings record \begin{array}{|l|l|c|c|} \hline& & \text { Yes } & \text { No } \\\hline \text { Ex. } & \text { Credit card } & & \mathrm{X} \\\hline \text { a. } & \text { Credit card receipt } & & \\\hline \text { b. } & \text { Purchase order } & & \\\hline \text { c. } & \text { Invoice } & & \\\hline \text { d. } & \text { Balance sheet } & & \\\hline \text { e. } & \text { Bank statement } & & \\\hline \text { f. } & \text { Journal entry } & & \\\hline \text { g. } & \text { Electric power bill } & & \\\hline \text { h. } & \text { Employee earnings record } & & \\\hline\end{array}


Definitions:

Harvest The Hay

The process of cutting and gathering hay crops for storage and future use.

Nonperformance

A failure to act or fulfill a duty, obligation, or contractual agreement.

Revocation

In contract law, the withdrawal of an offer by an offeror. Unless an offer is irrevocable, it can be revoked at any time prior to acceptance without liability.

Premium Price

The higher price charged for a product or service that is perceived to have greater value compared to alternatives.

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