Examlex
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Sales
The total revenue earned from the selling of goods or services, before any deductions are made.
Charge Customer
To bill a customer for goods or services provided, thereby creating an account receivable.
Cash Discount
A deduction from the invoice price that is allowed if payment is made within a specified period.
Credit
An accounting entry recording an increase in liabilities or equity or a decrease in assets, opposite of a debit.
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