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what is cash memo? and how it could be differentiated from
tax invoice?
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Answer Posted / pranam mazumdar
Cash memo is prepared by the seller when he sells goods against cash.It has details of goods sold,quantity,rate of each item and the total amount received,besides the date of transaction and other terms and conditions,if any.It is an evidence for the purchaser for, goods purchased against cash.and for the enterprise,it is an evidence of sales for cash.
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