A sales invoice is prepared when goods:

a. are sold for cash.

b. are sold on credit.

c. sold on credit are returned.

d. are sold on credit or for cash.

Correct answer :

Option (d) is sold on credit or for cash is the correct answer because when a sales invoice is prepared when the goods are sold credit or cash

Incorrect answers:

Option (a) is sold for cash is not the correct answer because a sales invoice is not only prepared for cash but also for goods sold on credit.

Option (b) is sold on credit is not the correct answer because a sales invoice is not only prepared for on goods sold credit but also for both the goods sold on cash and credit

Option (c) sold on credit is returned is not the correct answer because a sales invoice is prepared for both cash and credit sale.

So correct answer is an option (d)_