Mode of Receipts for the service rendered

Payment for the service can be in any one or more manner i.e. currency, cheque, promissory note, letter of credit, draft, pay order, travellers cheque, money order, postal remittance, credit cards and other similar instruments and book adjustments. It may be seen that issue of debit/credit notes and deductions from accounts or book adjustments has also been considered as monetary consideration for the purpose of valuation of service.