Examlex
A columnar journal is a journal with only one column.
Sales Returns and Allowances
Deductions from a company's sales revenue that account for returned goods and discounts or allowances given to customers.
Purchase Discounts
Reductions in the purchase price of goods, services, or assets, usually offered as an incentive for prompt payment.
Sales Returns and Allowances
A reduction in sales revenue due to returned goods or allowances made for damaged or unsatisfactory products.
Freight-In
Costs associated with transporting raw materials or goods into a company from suppliers, considered part of the cost of purchasing inventory.
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