ENTREPRENEURSHIP

Detailed explanation-1: -What is an invoice? An invoice serves as documentation of the products and/or services your business has provided to a customer. An invoice is a type of bill that includes an itemized list of those products or services that shows how much each item or service costs.

Detailed explanation-2: -A billing statement is a monthly report that credit card companies issue to credit card holders showing their recent transactions, monthly minimum payment due, and other vital information. Billing statements are issued monthly at the end of each billing cycle.

Detailed explanation-3: -An invoice, bill or tab is a commercial document issued by a seller to a buyer relating to a sale transaction and indicating the products, quantities, and agreed-upon prices for products or services the seller had provided the buyer.