A seller of goods or services writes a bill that is submitted to a purchaser for payment. What this bill is called?
Correct answer: C. Invoice
- A. Demand draft
- B. Draft
- C. Invoice
- D. Bill of Intent
Explanation
An invoice is the seller's written statement showing the goods or services supplied and the amount payable by the purchaser. A draft is a payment order, while a demand draft is a bank-issued instrument.
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