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What is the term given to the guiding principles for interpreting the terms of a contract?
Accounts Receivable Balance
The sum total of debts customers have towards a company for delivered goods or services which have not been paid for yet.
Wholesale Cost
The price charged for a product by the wholesaler, which is typically lower than the retail price.
Accounts Payable Balance
The total amount of money a company owes to its suppliers or creditors at a given point in time.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including the material and labor costs.
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