Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between an invoice and bill?
- 2 Answers
- 6430 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / d
An invoice is a commercial document issued by a seller to a
buyer, indicating the products, quantities and agreed prices
for products or services that the Seller has already
provided the Buyer with. An invoice indicates that, unless
paid in advance, payment is due by the buyer to the seller,
according to the agreed terms.
A bill is a document requesting payment for goods previously
supplied. This presentation of a bill is common practice on
the part of restaurants, credit card companies, utilities,
and other service providers. The bill for something is the
total price of all services and goods received but not yet
paid for, and is presented in the expectation of immediate
payment in full. If a bill is not paid, a collections
company is usually given the responsibility of collecting
the amount due and service is terminated. Under English law,
a person who makes off without paying the bill, or who
dishonestly secures a remission in the amount payable,
commits an offence under the Theft Act 1978. When a company
cannot pay its bills, it is said to be insolvent.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sangeetha g
Invoice – Bill both are similarly same but the Invoice is
shown Date, Amount, Due Date, particular product/service
info with qty/unit wise. Bill is shown above all the
details expect product details.
| Is This Answer Correct ? | 0 Yes | 0 No |
What are the characteristic features of financial accounting?
company office interior work payment paid by MD on his personal account what is entry in company accounts book & md personal a/c book?
What are the disadvantages of double entry system?
what is matching concept
10 Answers Capital IQ, ITC Infotech,
pls let me know double entry of 'LEASING"
please explain briefly about account receivables and payables
Calculate the P/V Ratio and BEP from the following particulars. Sales 5,00,000 Fixed Cost 1,00,000 Profit 1,50,000
Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this. Wipro Limited Dear candidate Your Resume has been selected by ( Wipro Limited). I have attached your Interview Process letter with this email. Kindly see the attached file. Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm, Company Website – www.wipro.com Note - And more details you send a email Company Email Add – career@wiprolimited.in Best Of Luck For More Details Please Click Here Wipro Limited <atoz@wiprolimited.biz I received attachment mail as well.
how we enter insurance claim entry in tally
What is reversing journal entries?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
Audit 
