Invoicing and Discounting

Topic 

Invoicing and Discounting

Instructions 

Read Ch. 8 of Business Math.

Consider the following as you read:

  • Understand discounting and invoicing terms.

Answer preview 

When it comes to invoicing terminologies an invoice basically stands for a list of particulars detailing the prices of goods and services with a total sum of the required payment amounts. Invoices are sent to buyers who purchase items and services on credit. Other invoicing terminologies include:

Word Count; 250