Which of the following best describes an invoice?

A. Contractual agreement for the sale of goods
B. Document specifying quantity, description, prices and total value of the purchase.
C. Receipt containing necessary information about the goods.
D. Letter specifying the contractual sales of goods between two parties

Correct Answer:

Option B – Document specifying quantity, description, prices and total value of the purchase.

Explanation

An invoice is a document sent by the seller to the buyer showing the full details of gods sold such as quantity, description, price, discount and the total amount to be paid.