Examlex
Establishing risk categories may help to identify and evaluate risks.List some categories to help identify risks.
Contra-Sales Account
An account used to record sales returns, allowances, and discounts which offsets the gross sales on the income statement.
Financial Statement
Documents providing an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.
Account Category
A classification within accounting systems used to organize and report on financial transactions based on their nature.
Gross Sales
The total sales revenue of a company before any deductions for returns, allowances, or discounts.
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