An invoice that serves as an itemized bill of goods sold or services provided is also called a:

An invoice that serves as an itemized bill of goods sold or services provided is also called a:

• A. Purchase invoice
• B. Sales invoice
• C. Credit memo
• D. Debit memo

Answer: (B)

The document described is a sales invoice. It’s issued by the seller to the buyer and itemizes each item or service, showing quantities, unit prices, any taxes, and the total amount due to request payment. A purchase invoice is the buyer’s record of a bill from a supplier. A credit memo reduces the amount owed due to returns or allowances, while a debit memo records an additional charge or adjustment increasing the amount payable.

The document described is a sales invoice. It’s issued by the seller to the buyer and itemizes each item or service, showing quantities, unit prices, any taxes, and the total amount due to request payment. A purchase invoice is the buyer’s record of a bill from a supplier. A credit memo reduces the amount owed due to returns or allowances, while a debit memo records an additional charge or adjustment increasing the amount payable.