Business Studies

What is purchase order?
A legal offer to but goods from a supplier.
What is a delivery note?
Sent to the customer when goods have been delivered.
What is a invoice?
A request for payment
What is a receipt?
A record of payments made by a customer
What is a credit note?
a Note that lists any goods that may have been returned by the customer
What is statement of account?
A financial summary of the goods ordered or returned by the customer over a period of time (Around a month)
Why are financial documents used for?
In the buying and selling process