Who Wants to be an Documents Millionaire? Olli Rehn Brian Lenihan David Mc Williams Junior Cert Student
Asking for prices is a Quotation Delivery Docket Invoice Letter of Enquiry
Giving an estimate is a Credit Note Invoice Quotation Statement
A receipt is Proof of Purchase Proof of Delivery Proof of identity Proof of age
E & O E means Mistakes cannot be changed Eat Oranges & Eels Mistakes are never made Mistakes can be changed
Carriage Paid means Delivery is extra Delivered by horse & carriage Delivery included Will not be delivered
Reduction in price for immediate payment Trade discount Cash discount No discount Money off
Delayed payment is A bank overdraft An accrual Credit Not good for you
Credit is Immediate payment Don’t buy at all Buy now pay later You never pay
Input VAT is VAT on Purchases TV Sales Cars
The most suitable source of finance for purchases is Medium Term Long Term Short Term Chips
Profit x 100 Cost Price Margin Mark Up Margerine Make UP
Document used to let you know ho much you owe Credit Note Debit Note Invoice Statement
Book of first Entry for Invoice Sent Purchases Day Book Purchases Book Sales Day Book Cash Book
Profit x 100 Selling Price Margin Make Up Margerine Mark UP
The Book of First Entry for an Invoice Received Purchases Day Book Trial Balance Sales Day Book Cash Book
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