BUSINESS DOCUMENTS

Banfield Sports Ltd. wishes to order goods from Sturge Warehouses and send them a ____________________________detailing their requirements

Sturge Warehouses dispatches the goods and sends them to Banfield Sports Ltd. together with a ______________________________ showing details of the delivery.

On inspection, Banfield Sports Ltd. discovers some of the goods are faulty and duly returns them to Sturge Warehouses together with a _______________________________.

Sturge Warehouses sends a ________________________________ to Banfield Sports Ltd. detailing the amount owed for the goods supplied together with a ________________________ in respect of the faulty goods returned.

At the end of the month Banfield Sports Ltd, receives a _____________________________ from Sturge Warehouses stating the amount due for payment.

Banfield Sports Ltd. sends a cheque to Sturge Warehouses together with a ___________________________________________ showing details of the payment.

When a business sells goods on credit, various financial documents are used. from the list below identify the financial documents used in a credit transaction.

• Invoice

• Debit Note

• Cash receipt

• General ledger

• Delivery note

The document sent to the supplier outlining the good or services a customer requires is the

• Delivery note

• Invoice

• Statement of account

• Purchase Order

When good are delivered to the customer from the supplier the document accompanying document which must be signed by the customer is called

• Delivery note

• Remittance advice

• Credit note

• Returns note

From the list below identify the information that would be contained on an invoice.

• Invoice Date

• Details of the goods

• Delivery date

• Name and address of the seller

• Name and address of the buyer