Question
What is a good response to the information below? Opinion.... A business knows when to make and when to make a sales because abusiness makes
What is a good response to the information below?
Opinion....
A business knows when to make and when to make a sales because abusiness makes an invoice when they sell products using a credit card and make sales receipts when they sell goods for money or get money on credit sales to the client.
An invoice is demanded installments while sales receipts act as proof for installments.On the off chance that invoices are given, at the point, the income is relied upon to be acknowledged in the future. Consequently, they are recorded as account holders. When receipts are issued, it speaks to that money is received, and thus either sale is recorded as cash sales or indebted individuals' balance is decreased.
In general, Wholesale industries that sell a plethora of goods to resale or further processing are likely to issue invoices, and retailers who sell goods to final customers are likely to issue receipts.
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