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What do you mean by invoice?

Answer Posted / madhavi mba

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 these goods and are sometimes
offered a discount if paid before.

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