Source documents would include items such as:

• A. Invoices and receipts
• B. Bank reconciliations
• C. Financial statements
• D. Depreciation schedules

Answer: (A)

Verified step by step guidance

1. Understand the concept of source documents: Source documents are original records that provide evidence of a financial transaction. They are the foundation for recording transactions in the accounting system.
2. Identify examples of source documents: Common examples include invoices, receipts, purchase orders, and checks. These documents serve as proof of transactions and are used to create journal entries.
3. Differentiate between source documents and other accounting records: Items like bank reconciliations, financial statements, and depreciation schedules are not source documents. They are derived from source documents and are part of the accounting process but do not directly record transactions.
4. Focus on the purpose of source documents: Their primary role is to provide verifiable evidence of transactions, ensuring accuracy and compliance in financial reporting.
5. Review the examples provided in the problem: Invoices and receipts are correct examples of source documents, while bank reconciliations, financial statements, and depreciation schedules are not considered source documents.