JSS 1 Business Studies Flashcards: Meaning, Types and Uses of Source Documents

Question 1

A bookkeeper needs original evidence before entering a transaction. What is such evidence called?

Accepted Answer

source document

Question 2

A shop sells ten chairs on credit and sends the buyer a bill. The seller's copy is a ____.

Accepted Answer

sales invoice

Question 3

When that buyer receives the bill for the chairs, it becomes the buyer's ____.

Accepted Answer

purchase invoice

Question 4

Ngozi pays ₦8,000 and asks for proof that the money was received. Name the document she should get.

Accepted Answer

receipt

Question 5

At closing time, a supermarket needs one continuous record of the day's till sales. The relevant evidence is the ____.

Accepted Answer

cash-register tape

Question 6

A customer returns two damaged cartons, reducing what she owes. What note should the seller issue?

Accepted Answer

credit note

Question 7

A supplier omitted a delivery charge and must formally increase the customer's balance. Name the note used.

Accepted Answer

debit note

Question 8

A business owner gives a bank a written order to pay a named supplier. This instrument is a ____.

Accepted Answer

cheque

Question 9

To establish when a transaction occurred, examine the document's ____.

Accepted Answer

date

Question 10

Two invoices look alike. What entry uniquely identifies each one for tracing?

Accepted Answer

invoice number

Question 11

On an invoice, the column showing '12 exercise books' records the ____.

Accepted Answer

quantity

Question 12

If one exercise book costs ₦500, the ₦500 entry is its ____.

Accepted Answer

unit price

Question 13

Twelve books at ₦500 give ₦6,000. On the invoice, ₦6,000 is the ____.

Accepted Answer

total amount

Question 14

The name, address and contact of the business supplying the goods are the ____.

Accepted Answer

seller details

Question 15

The person or business receiving the invoice appears under ____.

Accepted Answer

buyer details

Question 16

An authorised officer signs a cheque to approve it. The signing provides ____.

Accepted Answer

signature

Question 17

The customer takes the original receipt while the seller keeps a ____ for the records.

Accepted Answer

duplicate copy

Question 18

Before filing an invoice, Ada recomputes the total and confirms the names and dates. She is carrying out ____.

Accepted Answer

cross-checking

Question 19

Receipts are arranged by month so that any one can be found later. This practice is ____.

Accepted Answer

filing

Question 20

An invoice sent as a PDF by email is an example of a ____.

Accepted Answer

digital source document

Strong work.