Examlex
Sales returns and allowances and sales discounts are subtracted from sales in reporting net sales in the income statement.
Multinational Technology
Technologies created, distributed, and utilized by companies operating in multiple countries, emphasizing global innovation and connectivity.
Documentary Collection
A banking process where the seller's bank collects payment for goods from the buyer, against delivery of certain documents.
Exporter's Bank
A financial institution that provides services and financing to companies involved in exporting goods and services abroad.
Collecting Payment
The process of receiving money owed for goods or services provided.
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