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Study
| Question | Answer |
|---|---|
| What is a reciept | A proof of purchase |
| What is a Invoice | a list of goods sent or services with of the sum due for these bill. |
| What is a Credit note | a receipt given by a shop to a customer who has returned goods, which can be offset against future purchases |
| What is Vat | Value added tax |
| What is Trade discount | A discount when buying from the trade |
| What is buying in bulk | Buying large amounts of goods at a discount |
| What is a discount | money off goods |
| What do buyers do when they when they receive an invoice? | they file a copy. |
| What is a quotation? | Its a letter asking about how much a idem will cost |
| What is a letter of enquiry | A letter asking about the delivery, cost |