Difference between sales and purchase.(4 points)
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Answer:
Sales and purchases are part of the same process as there’s only one transaction when goods or services are bought/sold, however, in business they’re dealt with separately.
Sales and purchases are part of the same process as there’s only one transaction when goods or services are bought/sold, however, in business they’re dealt with separately.The sales function involves businesses selling goods and services to customers and clients. It includes raising invoices and generates incomes.
Sales and purchases are part of the same process as there’s only one transaction when goods or services are bought/sold, however, in business they’re dealt with separately.The sales function involves businesses selling goods and services to customers and clients. It includes raising invoices and generates incomes.The purchases function is when businesses buy goods and services from suppliers. It involves checking invoices, and other documents, and means that the business has to spend money as it has incurred Expenses