The document that requests payment for goods or services and is commonly issued after goods are delivered is the:

The document that requests payment for goods or services and is commonly issued after goods are delivered is the:

• A. Invoice
• B. Purchase order
• C. Packing slip
• D. Bill of lading

Answer: (A)

An invoice is the document you issue after goods or services have been provided that asks the buyer to pay. It typically itemizes what was sold, including quantities, unit prices, any taxes, the total amount due, and the payment terms (when payment is due, acceptable methods, and any late-fee policies). This makes the invoice both a bill and a formal record for both sides’ accounting—the seller records revenue and accounts receivable, while the buyer records an obligation to pay. A purchase order, in contrast, is sent by the buyer to request goods or services from a seller, before delivery occurs. A packing slip accompanies the shipment and lists the items included, used mainly to verify that the received goods match what was ordered and shipped. A bill of lading is a shipping document that acknowledges receipt of the goods for transportation and serves as proof of shipment and title transfer in transit. None of these serves primarily as a request for payment after delivery like an invoice does.

An invoice is the document you issue after goods or services have been provided that asks the buyer to pay. It typically itemizes what was sold, including quantities, unit prices, any taxes, the total amount due, and the payment terms (when payment is due, acceptable methods, and any late-fee policies). This makes the invoice both a bill and a formal record for both sides’ accounting—the seller records revenue and accounts receivable, while the buyer records an obligation to pay.

A purchase order, in contrast, is sent by the buyer to request goods or services from a seller, before delivery occurs. A packing slip accompanies the shipment and lists the items included, used mainly to verify that the received goods match what was ordered and shipped. A bill of lading is a shipping document that acknowledges receipt of the goods for transportation and serves as proof of shipment and title transfer in transit. None of these serves primarily as a request for payment after delivery like an invoice does.