DOCUMENTS USED IN HOME TRADE ASSIGNMENT

Question 

What do you understand by the following terms?

(i)Catalogue

(ii)Quotation

(iii)Price list

(iv)Tender

 Question 

(a)Distinguish between a cash transaction and credit transaction

(b)Out line the special features found on any business document.

 question 

What are the purposes of the following documents?

(a)Letter of inquiry

(b)An order

(c)Credit note

(d)Debit note

 question 

State four contents of each of the following documents

(a)Statement of accounts

(b)Receipts

(c)Cash discount

(d)Trade discount

(e)Advice note

 (f) Outline the importance of business documents to the businessmen.