transaction-slip

Vocabulary Word

Definition

A 'transaction slip' is a document you get from the bank when you make a transaction. It shows important details like the date, the amount of money moved, and the account it went to or came from.

Examples in Different Contexts

In retail, a transaction slip often serves as proof of purchase or payment. A cashier might explain, 'Your transaction slip is attached to the receipt; it includes the details of your purchase and payment method.'

Practice Scenarios

Retail

Scenario:

When purchasing a large-ticket item, it's wise to request an official receipt of your transaction.

Response:

Of course, I always keep the transaction slips for big purchases.

Accounting

Scenario:

Following rigorous audit procedures can ensure the accuracy and transparency of our financial dealings.

Response:

Indeed, I always include transaction slips in my audit trails to ensure no discrepancies arise.