The? seller's sales invoice is the? buyer's purchase order

Accounting Jan 26, 2021

The? seller's sales invoice is the? buyer's purchase order.

True

False

Expert Solution

Statement is FALSE.

Purchase Order: The purchase order is a document made by buyer for Seller. Which includes all the details of ordering Goods/Services required by buyer.

Sales Invoice: Sales invoice is prepared by the seller for Buyer. Which includes all the details of billing of Goods/Services sold/provided by seller to buyer.

Therefore seller's sales invoice and buyer's purchase order both are different documents.

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