Examlex
Provide a circular flow diagram for households only, and describe the circular flow of income.
Sales
The transactions involving the exchange of goods or services for money or other compensation.
Perpetual Inventory System
An inventory tracking system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Merchandise Inventory
Finished goods held for sale by a company in the ordinary course of business; also known as stock-in-trade.
Bank Credit Card Sales
Transactions in which the purchase is made using a bank-issued credit card, processed through the banking network.
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