what is the difference between Purchase order and invoice
- 7 Answers
- 16501 Views
- I also Faced
- E-Mail Answers
Answer Posted / prakash reddy
In Purchase order they will specify what are the items to be
purchased
In Invoice they specify what items we have purchased
| Is This Answer Correct ? | 39 Yes | 12 No |
Post New Answer View All Answers
please give me a last 10 years sbi clerk question and answer paper
A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch
what is the document spliting?
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
how can i make transaction related to inflation account in sap ?
What is the Assets & Liabilities?
EXPAND___________NPO
what you mean by cross dunning
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
What are Home Equity Loans ?
OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
how Mis reports are used?n why it is used ? explain
What is invoice accounting rules?
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
