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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

What is an invoice?

Summary Introduction

To explain: An invoice.

Introduction:

B/AR/CR process:

It is an accounting process with an interacting structure of different process supporting the decision-making activities of the financial managers.

Explanation

Invoice:

It is a commercial document issued by the seller to the buyer indicating the sales transaction carried out between them with the details of the goods or services and the price at which the transaction is carried out. It also contains the information about the payment terms.

The following are present in an invoice:

  • Invoice number...

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