Match the items below by choosing the appropriate code letter .
-Provides evidence of a credit sale.
A) Net sales
B) Cash discount
C) Credit terms
D) Periodic inventory system
E) Gross profit ratio
F) Contra revenue
G) Freight-out
H) Gross profit
I) Sales invoice
J) Business activity statement
K) Input tax credit
L) Purchase discount

Question

Quizplus · Accepted Answer

A sales invoice is a document that records a transaction where goods or services were sold on credit. It provides details such as the amount of the sale, the date, and the terms of payment, serving as evidence of a credit sale.

Match the Items Below by Choosing the Appropriate Code Letter