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Who Wants to be an Documents Millionaire?

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Presentation on theme: "Who Wants to be an Documents Millionaire?"— Presentation transcript:

1 Who Wants to be an Documents Millionaire?
Olli Rehn David Mc Williams Brian Lenihan Junior Cert Student

2 Asking for prices is a Delivery Docket Quotation Invoice
Letter of Enquiry

3 Giving an estimate is a Credit Note Invoice Quotation Statement

4 A receipt is Proof of identity Proof of age Proof of Purchase
Proof of Delivery Proof of age

5 E & O E means Mistakes cannot be changed Eat Oranges & Eels
Mistakes are never made Mistakes can be changed

6 Carriage Paid means Delivery included Delivery is extra
Delivered by horse & carriage Will not be delivered

7 Reduction in price for immediate payment
Trade discount Cash discount No discount Money off

8 Delayed payment is A bank overdraft An accrual Not good for you Credit

9 Credit is Immediate payment Don’t buy at all Buy now pay later You never pay

10 Input VAT is VAT on Sales Purchases TV Cars

11 Medium Term Long Term Short Term Chips
The most suitable source of finance for purchases is Medium Term Long Term Short Term Chips

12 Profit x 100 Cost Price Margerine Margin Mark Up Make UP

13 Document used to let you know ho much you owe
Credit Note Debit Note Invoice Statement

14 Purchases Day Book Sales Day Book Purchases Book Cash Book
Book of first Entry for Invoice Sent Purchases Day Book Sales Day Book Purchases Book Cash Book

15 Profit x Selling Price Margin Margerine Make Up Mark UP

16 Purchases Day Book Sales Day Book Trial Balance Cash Book
The Book of First Entry for an Invoice Received Purchases Day Book Sales Day Book Trial Balance Cash Book

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