what is the meaning of invoice why company using this ?
- 1 Answers
- 4037 Views
- I also Faced
- E-Mail Answers
Answer Posted / phillips
Invoice is a document that detail the price,quantity and
the conditions attached to the goods and services to be
provided by the 3rd party.
In a bidding for a certain goods and services,company
normally use it to make comparision between different
supplieirs to ascertain different price qouation and
aventually settled down for the one that meet the
particular demand or specification and also use for audit
purposes to ascertain the fair value for any purchased items
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
am attend to bank exam(iob)pls send model questions
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
is it necessasary to make a partnership deed
what do you mean indirect expanse in trading business?
WhatIs the limit of duty exemption in smal scale industries.
Distinguish capital and Revenue receipts
Short Answer on _________Business
Process of the settlement cycle?
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
WHAT IS PROSPECTUS?
what is Contra Asset?
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Straight line method to using Indian company names
what do you meant auction? what is F & o segment?
