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By 1492, When Explorer Christopher Columbus Had Reached the Americas

question 53

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By 1492, when explorer Christopher Columbus had reached the Americas, the Industrial Revolution was underway in much of Europe.


Definitions:

Cash Sales

Transactions where goods or services are paid for with cash at the time of the sale.

Sales Discount

is a reduction in the listed price of a product or service offered to customers as an incentive to prompt payment.

Sales Discount

A reduction in the price of goods or services offered by the seller to the buyer as an incentive for early payment.

Charge Customer

The act of billing a customer for goods or services provided, usually resulting in an accounts receivable entry for the business.

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