What records should you keep?

Question 1 of 4

1. The CRA says you should keep records of daily:

   Income and expenses Only the jokes you heard at coffee
2. Should you mail your record books to the CRA with your tax return?

   Yes — send every receipt in the same envelope as the return No — keep them in case the CRA asks to see them later
3. Income records should include:

   Only the seller’s favourite colour The date, amount, and source of the income
4. The CRA requires you to buy one official CRA-branded notebook.

   False True