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Tju [1.3M]
3 years ago
6

What is a cash invoice

Geography
1 answer:
Scorpion4ik [409]3 years ago
7 0

Answer:

A cash invoice is a promise to pay and is a liability to the buyer and an asset to the seller. ... Once the seller receives payment for the cash invoice, the seller debits the cash account and credits the accounts receivable account.

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