Business Studies, asked by Anonymous, 9 months ago

what is the difference between a receipt and an invoice

Answers

Answered by thrups119944
3

Answer:

An invoice is not a receipt and the key difference between the two is that an invoice is issued before payment as a way of requesting compensation for goods or services, while receipts are issued after payment as proof of the transaction. An invoice tracks the sale of a business's goods or services.

Hope it helps you mate

Answered by Anonymous
1

Explanation:

receipt \:  =  \: bill \: of \: purchase \: thing \\ it \: contain \: only \: amount \: and \: name \: of \: thing

INVOICE = bill of purchase things it contain GST + AMOUNT + TAX + NAME OF THINGS

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