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Sticky Note
A firm buys goods on credit, which document does the firm use to report this?
ایک فرم کریڈٹ پر سامان خریدتی ہے ، فرم اس کی اطلاع دینے کے لئے کون سی دستاویز استعمال کرتی ہے؟
  1. Sales invoice
  2. Credit note
  3. Purchase invoice
  4. None of these
Explanation

When a firm buys goods on credit, it receives a purchase invoice from the supplier.

This document serves as an itemized bill that acknowledges a credit purchase has been made and specifies the amount owed and the payment terms. 

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