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Projection is not seeing, hearing, or perceiving anything that might disturb us.
Perpetual Inventory System
An inventory management system that continuously updates the quantity and value of inventory on hand and sold.
Merchandise Inventory Account
An account that tracks the cost of goods available for sale to customers during an accounting period.
Service Businesses
Companies that earn revenue primarily through providing intangible products, such as services or expertise, rather than selling physical goods.
Merchandising Business
A type of business that purchases products from other businesses and sells them to customers.
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