What is meant by invoice or bill?

Asked by Topperlearning User | 4th Jul, 2016, 08:16: AM

Expert Answer:

When a trader sells goods on credit, she/he issue an invoice or bill in the name of the purchaser which contains details about the product, quantity, agreed price of product, terms of payment, the name and address of the seller and purchaser. 

Answered by  | 4th Jul, 2016, 10:16: AM