Answer to Question #188611 in Economics for Mokgadi Phoshoko

Question

Explain what you understand by the three attributes that records should have. Then
using the examples of the invoice and receipt, identify the elements of these that
represent the three attributes.

Answer 1

Drawing up a standard invoice is not the most difficult procedure, however, it may cause some questions for novice specialists.

At the beginning of the document, the invoice number and the date of its completion are written.

The account number can be any, the main condition is that it follows an ascending line to the previous ones.

Next, the details of the company, which is the supplier of goods or services, are indicated: its full name, legal address is written.

Then the information about the consignor and consignee is included.