BILL of Purchase a.k.a BILL

By reading the chapter’s name the very first thing comes to our mind is the money we pay. When we go to restaurants, purchase grocery for home or buy stationary for school, we pay the bill at the end. Bills are an important element in our life. In this chapter we will learn about the meaning of the word bill, format of a bill, and how to make an itemized statement of services or goods purchased by a buyer and the money owed by buyer as a result of acquiring such services or purchase of goods.