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The video tutorial explains how to effectively fill out generic receipt books, typically available at Walmart in packs of 50. Key steps include writing the date, your company name, and the service or product cost at the top. Specify the purpose, such as "tile and grout cleaning and resealing," for clear records. Include details on how the payment was made, the amount owed, the amount paid, and any remaining balance due. Finally, sign the receipt at the bottom. Retain the yellow copy for your records and provide the white copy to the customer.