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Explain the Rules Regarding the Usage of That and Which

question 65

Essay

Explain the rules regarding the usage of that and which and give examples of correct usage.


Definitions:

Receivables Period

The amount of time it takes for a company to collect payments owed by its customers after a sale has been made.

Selling Price

The amount of money charged for a product or service, or the sum obtained from the sale of an asset.

Receivables

Money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Ending Cash Balance

The amount of cash a company has available at the end of a financial period.

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