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Display Rack
A fixture in stores and exhibitions used to showcase products or materials to customers and visitors.
Merchandise Inventory
Goods that a retailer, wholesaler, or distributor holds for sale to customers in the ordinary course of business.
Debit Memorandum
A document issued by a buyer to a seller indicating a debit or adjustment to an account, typically related to goods returned or a pricing dispute.
Sales Returns and Allowances
A reduction in sales revenue due to returns or allowances for unsatisfactory goods, reported as a contra-revenue account.
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