Accounting Definitions

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Sales Invoice
The SUPPLIER would send the CUSTOMER a sales invoice which confirms how much money is owed and when the payment is expected and details of the goods sold
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Purchase Invoice
Confirms how much money we owe and when we must re-pay and details of the goods purchased
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Cheque conterfoils
Stubs left in a chequebook providing details of any cheques given out, when it was given and how much, along with the recipient's name
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Paying In Counterfoils
Stub left in a paying in book, providing details of cash and cheques received from customers which have been payed into our bank including the amount, date, name of recipient received it from.The document is stamped by the bank employee for confima
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Cash Receipts
receipts received from suppliers, when we have purchased goods or services PAYED BY CASH AND BANK. This provides infor like amount, date and info on products we have purchased'
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Till Rolls
Summary of all cash sales that have taken place. These are usually a running total and include the date and amount of money received.
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Credit Notes
Sent to customers when they return goods, which are initially sold on credit, to confirm they now do not owe money anymore.
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Bank Statements
Provide evidence of any bank transactions. They are a confirmation of any electronic transactions ,
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Other cards in this set

Card 2

Front

Confirms how much money we owe and when we must re-pay and details of the goods purchased

Back

Purchase Invoice

Card 3

Front

Stubs left in a chequebook providing details of any cheques given out, when it was given and how much, along with the recipient's name

Back

Preview of the back of card 3

Card 4

Front

Stub left in a paying in book, providing details of cash and cheques received from customers which have been payed into our bank including the amount, date, name of recipient received it from.The document is stamped by the bank employee for confima

Back

Preview of the back of card 4

Card 5

Front

receipts received from suppliers, when we have purchased goods or services PAYED BY CASH AND BANK. This provides infor like amount, date and info on products we have purchased'

Back

Preview of the back of card 5
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