can anyone give me clear meaning of INVOICE in accounting terms

Answer Posted / vijayan

Invoice is a business document which is prepared when one
sell goods to another.The statement is prepared by the
seller of goods.its contains the information relating to
name and address of the seller and the buyer,the date of
sale and the clear description of goods with quantity and
price

Is This Answer Correct ?    23 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Comments Elements in accounting

1401


How exchange rates are maintained in sap

1468


what are micro-cap, small-cap, mid-cap, large-cap companies?

1774


Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts

1573


Expand----------MTSC

1720






what is payment method?How many payment method we can assign to company code.

1252


What goals do you have in your career

1946


what is differred tax liability? explain in detail with some example.

2408


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

1972


What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

1676


Expand DEHM

1482


Can you explain about the distinction of Book-Keeping and Accounting

1535


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1561


what is the document spliting?

1609


Expand--------CMTS

1951