Origin of Transactions: Source Documents of Accountancy — Account STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceAccountOrigin of Transactions: Source Documents of Accountancy1 Mark
Question
What is an invoice?
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Answer
An invoice or bill is prepared by the seller of goods when he sells goods on credit. It contains the name of the party to whorn goods are sold, the rate, quantity and the total amount of sale.
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