Which of the following is a difference between a charge sale invoice and the credit sale...
Which of the following is a difference between a charge sale invoice and the credit sale invoice?
- The charge sale invoice includes credit terms, but the cash sale invoice does not.
- There are no differences.
- The charge sale invoice includes a bill of lading number, but a cash cash invoice does not.
- A credit sale invoice has more copies.
Homework Answers
Answer)
My answer is both are same (if the question says Charge sales invoices and credit sales invoices)
(However, if the questions says Charge sales invoices and cash sales invoices)
Then my answer will be The charge sale invoice includes credit terms, but the cash sale invoice does not.
This is because in charge sales invoice credit terms are written to give them early payment discounts or impose late fees etc which is necessary for debtor but no credit terms applied in cash sales as the cash is received at time of sale
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