Question

which document was used for purchasing and selling of goods on credit basis?​

Answer 1

Answer:

A credit memo is document issued by the supplier when goods are purchased on credit. It is similar to an invoice, A petty cash voucher is issued when the payments are issued from the petty cash fund.

Explanation:

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Answer 2

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which document was used for purchasing and selling of goods on credit basis?

$\huge \color{seagreen} \underline \color{seagreen} \underline \color{seagreen} \tt\star \: ANSWER \: \star$

A credit memo is document issued by the supplier when goods are purchased on credit. It is similar to an invoice, A petty cash voucher is issued when the payments are issued from the petty cash fund. A petty cash fund is created to meet expenditures of small amount on daily basis.