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For each question, provide structures for the reactants, intermediates, or products, as indicated. Draw the structures in the boxes provided.
-Draw:
Sales Discounts
Reductions to the selling price of goods or services, offered to customers to encourage prompt payment or to incentivize bulk purchases.
Accrual Basis
An accounting method where revenue and expenses are recognized when they are earned or incurred, regardless of when cash transactions occur.
Cash Basis
Cash basis accounting is an accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.
Sales Revenue
The income received by a company from its sales of goods or the provision of services.
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