Grade 9 Accounting

[Renesmee]

Hi!

I have a project and I need to know:
What is the main difference between a cash slip, receipt and invoice?

Thanks!!!

 

[bklynboy]

To me its:

Cash slip - recipt you get ffrom the cash register when you purchase an item.
Receipt - acknowledges the amount of money that was received for a product or service. Cash slip is one type of receipt but a receipt need not be from a cash register only.
Invoice - issued by a seller to a buyer thaat details what was purchased and the price and requests the payment and terms.