* Official receipts are hard copies of financial transactions used by businesses for tax and accounting purpose. These documents include the vendor's name, goods sold, purchase price, the date, receipt number and other pertinent information. Official Receipts are printed and registered with the Bureau of Internal Revenue.

* An Acknowledgement Receipt can come in many forms, it can be a simple one sentence acknowledgment of money indicating the date, amount, what the payment was for and the person who received the money.

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