If a customer receives a credit note from a supplier, this means

Sent from the seller to the buyer indicating the buyer’s outstanding balance has been credited or decreased.

Sent from the buyer to the sell, this document asks 'what goods are available from the potential seller?'

In which book of original entry would you enter Sales Invoice?

An open cheque can be paid into a bank account or cashed at the bank.

In which book of original entry would you enter Cash sales?

From the list below identify the information that would be contained on an invoice.

The document sent to the supplier outlining the good or services a customer requires is the

When a business sells goods on credit, various financial documents are used. from the list below identify the financial documents used in a credit transaction.

The type of target in which your money is charged in your current account immediately when you pay a bill is called:

Occurs when one party in a binding agreement fails to deliver according to the terms of the agreement.

May be sent when the goods have been dispatched so that the customer knows when to expect delivery

When you pay a bill by using notebanks or coins you are paying with:

When good are delivered to the customer from the supplier the document accompanying document which must be signed by the customer is called

Acknowledges that the order can be completed and delivered at a certain date.

The goods are shipped via plane the name the document is ______________________________

Sent from the seller to the buyer when goods are returned by the buyer to the seller.

Internal business documents used for recording the movement of a firm’s inventory

Cheques must have the following;

May be sent when the goods have been dispatched so that the customer knows when to expect delivery

The document that justify you have paid a bill with cash is called:

Received from the seller, stating the price for goods and services usually after a request is made by the potential buyer.

Identify the business document.

Banfield Sports Ltd. wishes to order goods from Sturge Warehouses and send them a ____________________________detailing their requirements

The document that accompanies a shipment of goods and certify the buyer has receive them is called:

What is a Bill of Lading?