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Receipts

 

 

 

A receipt is an essential source document. The details of all receipts will be entered in the Cash Receipts Journal.

         

The key features of a receipt are:

 

·        Receipt number

·        Date

·        Name of organization paying the money

·        Amount in words

·        Details of payment (what the payment is for + any discount given)

·        Signed by the person receiving the payment

 

You can see these key features in the Swaggies receipt below:

Text Box: SWAGGIES Co. RECEIPT       532   Date :    21/6/03   Received from:  Kakadu Artifacts   The sum of:  nine hundred and Fifty dollars        $  950.00   Being for: payment of May account   Per  P. Hunt