A Cash Receipt is a printed statement of the amount of cash received in a cash sale transaction from a customer or an investor. It is used to report transactions in writing form. Some companies sell products and services on credit and expect cash payment after a certain period, and some require immediate cash payment for their goods or services.
In both cases, the company has to provide a receipt for cash payment to their clients as confirmation of receiving the payment for their goods or service rendered. A seller should provide this receipt for every product or service purchased from their business. The services for which a Cash Receipt can be provided may be the following: renting out equipment or building, or interest received on investments.
A printable Cash Receipt template can be downloaded through the link below.
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