Learning - A portal for classroom activities and events ...
If a business is audited, source documents back up the accounting journals. and general ledger. as an indisputable audit trail. Keeping a source document for a business is just like keeping your receipts for tax-deductible items for your personal taxes. You have to have those receipts in case your taxes are audited. The same is true for your business, but you don't just keep receipts for tax ... ................
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