Question

Explain in briefly about
1) proof of transaction:

Answer 1

Answer:

PROOF OF TRANSACTION means a document that states:Name of supplier or service provider Supplier’s ABN or ACN if anyDate of the supplyGoods or services supplied, and Price of the goods or services. Examples of a PROOF OF TRANSACTION include:GST tax invoice Cash register receipt Hand written receiptLay-by agreement, continual supply agreement, automatic deduction agreement, or progressive payment agreement Confirmation or receipt number provided for a telephone or internet transaction