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Retained earnings is increased by each of the following except
Terms of Sale
Conditions agreed upon by a buyer and seller regarding the purchase, including payment and delivery conditions.
Credit Analysis
The process of determining the probability that customers will or will not pay.
Payables Policy
The guidelines a company follows regarding how and when it will pay its bills and invoices to creditors.
Collection Policy
A set of guidelines and procedures followed by a business to collect accounts receivable or outstanding debts from clients or customers.
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