Page 118 - New Medley 5 Semester 2
P. 118
a bill. It is recognised as a legal document and is used to record transactions
that are paid for using cash.
We must take a cash memo or a bill of any purchase which we make at any
business place. We cannot use the consumer’s right without a receipt in future
regarding the purchase we made.
A cash memo, generally, contains the following information:
Date of purchase
Details of goods or service sold
Price of items sold
Name and address of seller
Name and address of buyer
Here is a sample of cash memo. Check whether the points mentioned above
are present or not.
CASH MEMO
Nillai Co-operative Stores
Charni Road, Mumbai—04 Phone: 2821276
Bill No: 10520 Date: 30/03/2017
Adarsh Takkar Cont: 08999435400
Item Code Item Name Quantity Rate Amount
045 Pencil 12 2.50 30.00
046 Eraser 8 1.50 12.00
031 Ball pen 15 7.00 105.00
Total Amount: 147.00
Number of Items: 3
Signature
116
