Question

$\large\frak \red{Cash \: memo}$
When a trader sells goods for cash, he gives a cash memo and when he purchase goods for cash he receives a cash memo.
$\large\frak \orange{Receipt}$
When a trader receives cash from the customer, he issues a receipt containing the date, amount and the name of the customer.

$\large \sf {\underline{\underline{Question}}}$
Differentiate between Cash memo and Receipt in your own words.

✯No plagiarism
✯ Satisfactory answer required.

$\huge \bold{@WildCat7083}$​

Answer 1

$\huge\bf\purple {Questiøn}$

Dɪғғᴇʀᴇɴᴛɪᴀᴛᴇ ʙᴇᴛᴡᴇᴇɴ Cᴀsʜ ᴍᴇᴍᴏ ᴀɴᴅ Rᴇᴄᴇɪᴘᴛ

$\huge\bf\orange {Answer}$

point 1 :-

●Cash memo is a non negotiable commercial instrument indicating .

cash receipt is an acknowledgement of cash receipt.

point 2:-

●Receipt is necessary for tax purposes

cash is not necessary for tax purposes.

Answer 2

Question:please ans this question