Examlex
Describe the color given by the hexadecimal RGB code "80FF00"
in terms of percentages of red, green, and blue.
Sales on Account
Transactions where goods are sold and payment is deferred to a future date; this is typically tracked through accounts receivable.
Beginning Inventory
The value of a company's inventory at the start of an accounting period, before any purchases or sales have occurred.
Projected Sales
An estimate of the amount of revenue that a company expects to earn in a future period from the sale of goods or services.
Finished Goods
These are products that have completed the manufacturing process but have not yet been sold or distributed to the end customer.