Question

The illustration below represents a financial document . Study it carefully and answer the questions that follow.

No. 2004 26/07/2013 M/S MUHORONI FARMERS STORE DR:___ACHEGO FARMERS CO-OP UNION BOX 2, AWASI
Particular	Quantity	Price per unit	Amount
Layers mash	20 bags	1,200.00	24,000.00
Urea	5bags	3,000.00	15,000.00
Sorghum seeds	10 pkts	300.00	3,000.00
Delivery details	Total		42,000.00
Discount - None Terms of payment: Cash in 30 days       Official Stamp upon receipt of goods                                                                 Signature

1. Identify the document illustrated above.
2. State two functions of the document.

Answer 1

1. Identify the document illustrated above. 
   • invoice 
      
2. State two functions of the document. 
   • Written by sellers to show the buyer of goods bought on credit
   • Confirm to the buyer the goods delivered
   • Reminds the buyer of date due for payments