STATEMENT OF ACCOUNTING POLICIES Definition

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STATEMENT OF ACCOUNTING POLICIES is normally comprised of: a definition of the reporting organization, statement of general accounting policies, statement of particular accounting policies, and a statement of changes in accounting policies.

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SALES INVOICE is a document that records the sale of goods or services from a vendor to a customer.

BILL OF SALE is a written statement attesting to the transfer (sale) of goods, possessions, or a business to a buyer.

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