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501(c)(3) Nonprofit
Financial Accounting/General Topics
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Identifying Accounting Source Documents

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You own a local bookstore and have hired an accountant to prepare your quarterly financial statements. The accountant has requested all relevant source documents. Which of the following does NOT qualify as a source document for your business?

A

Copies of paychecks issued to your employees

B

Copies of checks written from your personal account to cover personal expenses

C

Copies of invoices received from your book suppliers

D

Copies of deposit slips recording cash deposits made to your business account

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