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The advantage is no credit, purely consigned the goods. If the goods unsold, the entrustee or buyer can return the goods to entruster or seller without incurring any liability.

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15y ago

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Why must you provide a receipt for payment?

Providing a receipt for payment serves multiple purposes: it acts as proof of transaction for both the buyer and seller, helping to prevent disputes. Receipts also assist in maintaining accurate financial records for budgeting and tax purposes. Additionally, they enhance customer trust and transparency in business dealings.


Who is the payee on a receipt?

The payee on a receipt is the person or entity who receives payment for goods or services provided. This individual or organization is typically listed at the top of the receipt and is responsible for fulfilling the transaction. The payee's name, along with other details, helps to verify the legitimacy of the transaction for both the buyer and seller.


What is invoice receipt?

An invoice or bill is a commercial document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the sale transaction only. Payment terms are independent of the invoice and are negotiated by the buyer and the seller. Payment terms are usually included on the invoice. The buyer could have already paid for the products or services listed on the invoice. Buyer can also have a maximum number of days in which to pay for these goods and is sometimes offered a discount if paid before the due date


What is the difference between an invoice and a sales receipt?

An invoice is a detailed document issued by a seller to request payment from a buyer, typically before payment is received, and it includes itemized goods or services, their prices, and payment terms. A sales receipt, on the other hand, is given to the buyer as proof of payment after a transaction has been completed, summarizing the items purchased and the total amount paid. Essentially, invoices are used for billing, while sales receipts serve as confirmation of payment.


Is cash receipt equals to officials receipt?

it is your father that is the receipt

Related Questions

What is official receipt?

An official receipt is a document issued by a business or organization to provide proof of a financial transaction. It includes details such as the date, description of the goods or services, quantity, price, and total amount paid. Official receipts are important for record-keeping, financial reporting, and for customers to claim expenses or warranties.


What is the difference of trust receipt law and trust receipt agreement?

If there were such a LAW, it would have been passed by the legislature and codified in the state's statute laws. An AGREEMENT, would be a legal document between two individuals and agreed to, on paper, by both parties.


What is the symbol for BlackRock Long-Term Municipal Advantage Trust in the NYSE?

The symbol for BlackRock Long-Term Municipal Advantage Trust in the NYSE is: BTA.


What is the symbol for Pioneer Municipal High Income Advantage Trust in the NYSE?

The symbol for Pioneer Municipal High Income Advantage Trust in the NYSE is: MAV.


What is the symbol for Invesco Advantage Municipal Income Trust II in the AMEX?

The symbol for Invesco Advantage Municipal Income Trust II in the AMEX is: VKI.


When does risk pass when a buyer prepay for goods?

That will depend on the contract and shipping instructions. You can specify whether title transfer upon shipping or on receipt.


Do insurance companies require a copy of receipt when a roof was replaced in order to insure a new buyer?

A receipt is not usually required in order to insure the home, however it would be required if you were receiving a discount due to your roof being newer.


When selling a gun what type of receipt should you give?

Not required by law, but I use a "bill of sale", listing name of buyer AND seller, make, model, and serial number of firearm. Two copies. Buyer and seller sign both copies, I keep one, buyer gets one.


How would you word a receipt for selling a used property?

"Receipt for the sale of a used property: This document acknowledges the transfer of ownership of the property located at [address] from the seller [name] to the buyer [name], for the agreed-upon purchase price of [amount]. Both parties confirm the completion of the sale transaction and receipt of payment."


In what year did BlackRock Long-Term Municipal Advantage Trust - BTA - have its IPO?

BlackRock Long-Term Municipal Advantage Trust (BTA)had its IPO in 2006.


A paragraph with the word trust?

Trust is the very thing that everybody in this world desires, or at least should desire from one another. Without trust, there is no friendship. you should never take advantage of that trust. Taking advantage of somebody's trust in you is never a good thing and will only lead to distrust.


What websites are trusted to buy mobile phones from?

You can trust eBay.com they have a great Buyer Protection Program.