0
Tax Invoice
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the reason for a receipt?
A receipt is used as proof of purchase.
What is cash register slip?
Same as "cash register receipt". It is the paper receipt that prints out of the cash register when you purchase an item at a store. Or simply called a receipt.
What are some of the documents used in business?
This answer is not clear. Do you mean: What are some of the documents used to write a business plan or what forms are used to operate a business?
How do accountants decide when to recognize revenue?
In typical accrual accounting - Revenue is recognized when it is earned...that could be before or after payment is received. In a simple transaction, like a purchase in a store, the income is earned at the time the sale is rung up on the cash register. If merchandise is being shipped, the terms of the invoice will dictate if the revenue is earned at time of shipment or time of receipt by the customer. In a longer term transaction, like building a building, revenue might be recognized on a percentage of completion basis - so if you estimate a building is 25% complete, you would recognize 25% of the revenue. If the transaction is more complicated, some logical method of estimation would be used. And remember the matching principal - expenses associated with a sale must be recognized at the same time as the revenue is recognized. If you are using cash basis accounting, revenue is recognized when payment is received.
What is a receipt journal?
cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capital
What documents are used in the buying and selling of goods?
invoice, receipt, order form, purchase order
What are the Various forms and documents in a hotel?
There are various Forms and documents used in a hotel .Here are some of themGuest Registration CardGuest message slipGuest InvoiceGuest Welcome letterGuest Currency exchange receipt etc.
What is revenue stamp and why did you use revenue stamp?
Revenue stamps show that the appropriate taxes have been properly paid. They can be affixed to legal documents, such as deeds and registrations, as well as products such as alcohol and cigarettes to show the taxes have been paid.
What is the reason for a receipt?
A receipt is used as proof of purchase.
What is a receipt voucher and what is it used for?
a record of the transaction undertaken like a receipt
What is the purpose of source document?
When a business transaction occurs then documents is called source document. Examples of source documents are: 1. cash receipt 2. cancelled check 3. Invoice sent or received 4. Employee Time sheet
What are shipping documents?
Shipping documents are the documents used for the shipping transaction purposes like Export- Import, Ship Husbandry, Custom Clearance, Immigration, Loading- Unloading of cargoes, etc. There are various types of documents involved in the shipping operation. Such as the following: 1. Shipping bill 2. Bill of lading 3. Mat's receipt 4. Cargo manifest 5. Letter of Credit, etc.
Purpose of an eftpos receipt?
the purpose of an eftpos receipt is to approve of a purchase. it is a source document which is used for evidence of purchase.
Can the IF function in Excel be use to calculate future revenue?
Potentially it could be used that way, depending on what data you had and how you were calculating the future revenue. If the revenue is conditional on something, then it could be used. There are lots of financial functions that could be used in relation to revenue.
What is cash register slip?
Same as "cash register receipt". It is the paper receipt that prints out of the cash register when you purchase an item at a store. Or simply called a receipt.
Can one get a tax receipt for used car donations?
Yes, you can get a tax receipt for used car donations. You will need to request and receive a tax receipt with the charity's name and federal tax number, date of donation and model of car and details.
What equation is used to determine revenue?
Revenue(x) = Price(x) * x
