Question

what is the use of receipt​

Answer 1

Answer:

Receipts are a document that represents proof of a financial transaction. Receipts are issued in business-to-business dealings as well as stock market transactions. Receipts are also necessary for tax purposes as proof of certain expenses

Answer 2

Answer:

The primary purposes of a receipt include providing information to customers or donors, documenting purchases and assisting with internal accounting. Both for-profit and nonprofit organizations have reasons to give receipts to patrons. Receipts serve as an effective communication tool with customers.

Explanation:

Receipts serve as an effective communication tool with customers. First, they note the details of a customer's purchase, including itemized products and services.