face.




CHAPTER VI

BILLS, RECEIPTS AND ACCOUNTS



Try to understand clearly the meaning of all the business terms
you have to use.

The terms "bill" and "invoice" usually mean the same thing, that
is, a "bill of sale." This applies to goods sold, or services
rendered.

The merchant sends you an itemized invoice of the goods you
ordered and he has shipped.

The carpenter sends you an itemized bill of the work done by your
order.

Such a document should be regarded not as a "dun," but rather as a
record of the contract or transaction.

In the foregoing case the merchant and the carpenter are the
creditors, the recipient of the goods or work is the debtor.