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What is the difference between the Invoice and Bill?
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Answer Posted / b.sridhar rao
Transfer of ownership takes place by an invoice.A bill is a
receipt, evidencing receipt of cash.
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The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
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