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can anyone give me clear meaning of INVOICE in accounting terms
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Answer Posted / sanket
An invoice or bill is a commercial document issued by a
seller to the buyer, indicating the products, quantities,
and agreed prices for products or services the seller has
provided the buyer. An invoice indicates the buyer must pay
the seller, according to the payment terms. The buyer has a
maximum amount of days to pay for these goods and is
sometimes offered a discount if paid before the due date.
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