Papers that provide ination about transaction are called Business Forms

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There are two types of business transactions in accounting which are given below: Cash Transactions and Credit Transactions. Internal Transactions and External Transactions.
Almost any document that provides information about a business transaction can be called a source document. 3.
Source documents provide the evidence or proof that a transaction has actually occurred which makes it difficult for people to misappropriate or steal cash or other resource items from the business.
In business accounting, source documents would include items such as invoices, receipts, deposit slips, checks, travel documents, timecards, orders, credit memos, etc. With advances in technology, source documents now also include electronic records, such as an emailed receipt or an electronic bank statement.
There are four categories that a transaction can be categorized as: sales, purchases, receipts, and payments. Each of them involves money in some way and is recorded in your books in two locations.
A documentary evidence of the transaction is termed as voucher. A source document on the basis of which the payment side of the cash book is written up is known as a voucher. Voucher often implies the nature and mount of business transactions.
A business transaction is a financial event that involves an exchange of value (such as goods, services, or money) between a business and an individual or another business.
External transactions These involve the trading of goods and services with money. Therefore, it can be said that any transaction that is entered into by two persons or two organizations with one buying and the other one selling is considered an external transaction. It is also called a business transaction.
The five types of business transactions are cash transactions, credit transactions, asset transactions, stock transactions, and accrual transactions.
Source documents provide objective, verifiable evidence of business transactions. Copies of sales tickets or sales invoices issued to customers or clients provide information about sales of goods or services. Information about cash receipts can be obtained from check stubs and carbon copies of checks.