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Key Takeaways
- Receipts are an official record that represents proof of a financial transaction or purchase.
- Receipts are issued in business-to-business dealings as well as stock market transactions.
- Receipts are also necessary for tax purposes as proof of certain expenses.
- In accounting, receipts can also refer to the total cash inflows over a specific period of time.
www.investopedia.com/terms/r/receipt.asp- People also ask
What is a Receipt? Meaning & Examples- QuickBooks …
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