Examlex
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Merchandise
Goods that are bought and sold within the retail industry.
Sales on Account
Transactions where goods or services are sold with the agreement that payment will be made at a later date, creating an account receivable.
Capital Expenditures
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.
Operating Expenses
Costs associated with the daily operations of a business, excluding the cost of goods sold.
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