Checks, receipts, invoices, and purchase orders are examples of:

• A. Source documents
• B. Financial statements
• C. Ledger accounts
• D. Adjusting entries

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. Examples include checks, receipts, invoices, and purchase orders.
2. Recognize the purpose of source documents: They serve as the foundation for recording transactions in the accounting system and ensure accuracy and reliability in financial reporting.
3. Differentiate source documents from other accounting terms: Financial statements summarize the financial performance and position of a company, ledger accounts are individual records of transactions, and adjusting entries are journal entries made at the end of an accounting period to update account balances.
4. Identify the examples provided in the problem: Checks, receipts, invoices, and purchase orders are all physical or digital records that document financial transactions, aligning with the definition of source documents.
5. Conclude that the correct answer is 'Source documents' based on the explanation and examples provided.