An acknowledgement must be given on receipt of advance payment in respect of supply of goods or services: Options: A . &nbspYes, in the form of a proforma invoice; B . &nbspYes, as a receipt voucher. C . &nbspYes, the invoice must be raised to that extent; D . &nbspNone of the above

An acknowledgement must be given on receipt of advance payment in respect of sup

Question

An acknowledgement must be given on receipt of advance payment in respect of supply of goods or services:

Options:

A . Yes, in the form of a proforma invoice;

B . Yes, as a receipt voucher.

C . Yes, the invoice must be raised to that extent;

D . None of the above

Answer: Option B

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